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The oil and gas industry is usually divided into three major sectors: upstream, midstream, and downstream. The downstream sector is the refining of petroleum crude oil and the processing and purifying of raw natural gas, [1] as well as the marketing and distribution of products derived from crude oil and natural gas.
Downstream, in manufacturing, refers to processes which occur later on in a production sequence or production line. Viewing a company "from order to cash" might have high-level processes such as marketing, sales, order entry, manufacturing, packaging, shipping, and invoicing. Each of these could be deconstructed into many sub-processes and ...
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The business model canvas is a strategic management template used for developing new business models and documenting existing ones. [2] [3] It offers a visual chart with elements describing a firm's or product's value proposition, [4] infrastructure, customers, and finances, [1] assisting businesses to align their activities by illustrating potential trade-offs.
BP downstream's activities include the refining, marketing, manufacturing, transportation, trading and supply of crude oil and petroleum products. [262] Downstream is responsible for BP's fuels and lubricants businesses, and has major operations located in Europe, North America and Asia. [268] As of 2018, BP owned or had a share in 11 ...
A business plan is a formal written document containing the goals of a business, ... Templates [3] and guides, such as ... How does the company plan to manage its ...
In business terms, price transmission means the process in which upstream prices affect downstream prices. Upstream prices should be thought of in terms of main inputs prices (for processing/manufacturing, etc.) or prices quoted on higher market levels (e.g. wholesale markets).
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