Downstream


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Related to Downstream: upstream

Downstream

The transfer of corporate activity from the larger parent to the smaller subsidiary.

Downstream

In energy companies, relating to operations after production up to the point of sale. For example, an oil company's operations related to refining oil and selling gasoline to certain distributors are considered downstream. Some companies provide downstream operations exclusively, but most are integrated, providing both upstream and downstream operations.

downstream

Of or relating to earnings or operations at a firm that are near or at the final stage of consumption. For example, marketing and transportation are downstream operations for a large, integrated oil company. Compare upstream.
References in periodicals archive ?
The Gulf Downstream Association (GDA) was founded in 2016 by Saudi Aramco, Kuwait Petroleum International, Bahrain Petroleum Company, Kuwait National Petroleum Company, and Abu Dhabi National Oil Company and the conference provides a forum for refiners, regulators, licensors, investors, academics and Downstream professionals to share technical and industry insights and to collaborate in identifying solutions.
Tanushree Mulraj, Project Director at Asian Downstream Summit, said: "We are committed to advancing the needs and interests of innovators in the industry for digital initiatives that are transforming the way the industry operates, and technologies that will change the downstream oil & gas landscape as we know it.
Furthermore, in the downstream sector, there is a huge potential for development in the petrochemical sector to support the growth trajectory without burdening foreign exchange reserves and provide jobs for the local population as promised by the PTI government during its election campaign.
The downstream strategy will build on the Adnoc transformation programme of the last two years, which focuses on maximising value by driving operational efficiency, enhancing performance, realigning the management of its portfolio of assets, and introducing a new and expanded partnership and investment model.
This plan greatly delays the onset of flooding as well as the amounts of water that overflows the Kiambere Dam after filling up, effectively reducing the intensity of flooding downstream, said Ms Miano.She said there had beenheavy inflows into Tana River downstream of Kiambere dam, resulting in flooding in the lower Tana River basin five days before the dam started overflowing on April 24, 2018.KenGen said the overflow, which went on for five days, was due to heavy inflows from Mutonga, Kathita, Mara and Ena rivers in addition to seasonal streams.
"As ADNOC grows and expands its upstream and downstream businesses, we will produce more products, and in turn, our Marketing, Sales and Trading function will play an even more critical role.
Dr Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO, set out ADNOC's strategic ambitions to become a major global downstream player, with the operational flexibility to respond quickly to shifting and emerging market needs.
Furthermore, HuntsmanClariant will take advantage of its broad asset base while continuing to move downstream into specialties and more differentiated applications.
The latest view from the downstream asset maintenance market paints a positive outlook for the sector.
subsidiary and Royal Dutch Shell plc, through its US downstream affiliate, announced they have signed a non-binding Letter of Intent to divide the assets of Motiva Enterprises LLC.
Principles of Downstream Techniques in Biological and Chemical Processes