June 17, 2015 Source: U.S. Energy Information Administration, based on Evaluate EnergyNote: Upstream refers to crude oil exploration, production, and other operations prior to refining. Downstream refers to refinery operations, product sales, and marketing. First-quarter 2015 financial results for globally integrated oil companies—ones that focus on both the exploration and production of crude oil (upstream) […]
Tag Archives: Upstream
March 25, 2015 Source: U.S. Energy Information Administration, based on Thomson Reuters and Evaluate Energy Note: Q1 2015 prices are through March 16. Based on financial statements from selected international oil and natural gas companies, spending on upstream investments was 12% lower in fourth-quarter 2014 compared to the same period in 2013. Upstream spending on […]