Industry

Oil & Gas Midstream

The Oil & Gas Midstream segment is a crucial part of the global energy sector, serving as the link between the upstream exploration and production activities and the downstream refining, processing, and distribution. Midstream companies primarily focus on the transportation, storage, and wholesale marketing of crude oil, natural gas, and their refined products.

Key activities in the Oil & Gas Midstream industry include:

  1. Transportation: Moving crude oil, natural gas, and refined products from production sites to refineries, processing facilities, and end-users. This involves the use of pipelines, tanker ships, rail, and trucks.
  2. Storage: Managing and maintaining facilities such as storage tanks, terminals, and underground reservoirs to store crude oil, natural gas, and refined products in strategic locations to meet fluctuating demand and ensure a stable supply.
  3. Gathering and processing: Collecting raw natural gas from production sites, separating and treating it to remove impurities, and processing it into marketable natural gas and natural gas liquids (NGLs).
  4. Wholesale marketing: Trading and selling oil and gas commodities in bulk to refineries, utilities, and other large-scale customers, managing price risks, and ensuring a consistent supply.
Top Companies
  • Enbridge
  • Enterprise Products
  • TC Energy
  • Kinder Morgan
  • Cheniere Energy
  • Williams Companies
  • Energy Transfer
  • MPLX
  • ONEOK
  • Pembina Pipeline

Content Database

Product Demand Jonathan Poland

Product Demand

Product demand refers to the desire or need for a particular product or service in the market. It is a…

Maintainability Jonathan Poland

Maintainability

Maintainability refers to the relative ease and cost of maintaining an entity over its lifetime, including fixing, updating, extending, operating,…

Risk Tolerance Jonathan Poland

Risk Tolerance

A risk is the possibility of an adverse event occurring, while a trigger is the root cause of that event.…

Contract Risk Jonathan Poland

Contract Risk

Contract risk refers to the potential negative consequences that a business may face as a result of issues or problems…

Efficiency Jonathan Poland

Efficiency

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Elastic Demand Jonathan Poland

Elastic Demand

Elastic demand is a term used in economics to describe the responsiveness of the quantity of a good or service…

Acceptable Risk Jonathan Poland

Acceptable Risk

An acceptable risk is a level of risk that is deemed to be tolerable for an individual, organization, community, or…

Good Failure Jonathan Poland

Good Failure

Good failure, also known as productive failure, refers to the idea that failure can be a valuable learning experience and…

What is a Business Case? Jonathan Poland

What is a Business Case?

A business case is a document that presents a proposal for a project, strategy, or course of action. It is…