The oil industry is divided into upstream, midstream and downstream, and the relationship between the upstream and downstream industrial chains is very close, with a very distinct industrial chain structure and industrial chain information transmission effect. Among them, the upstream business includes the exploration and development of crude oil and natural gas, the middle stream is mainly the storage and transportation of oil and gas, and the downstream covers the process business such as refining, chemical industry, natural gas processing, and product distribution and sales business such as retail gas stations.
Under normal circumstances, the processing industry that uses oil and natural gas as raw materials to produce petroleum products and petrochemical products is called the petrochemical industry (referred to as the petrochemical industry), while the rest are collectively referred to as the petroleum industry. The main production and operation activities of the petroleum industry include oil and gas exploration, oil and gas field development, drilling engineering, surface construction, petrochemical industry, storage, transportation and sales, and operation and management.
Typical performance:
China-venezuela joint venture Guangdong Petrochemical 20 million tons/year heavy oil processing project
Sinopec Tianjin Nangang 1.2 million tons/year ethylene and downstream high-end materials industrial cluster project
Cnooc Gas (Taizhou) Petrochemical Co., Ltd. refining and chemical integration project
Zhejiang petrochemical, refining and chemical integration project
Sinochem Quanzhou 1 million tons/year ethylene and refining renovation and expansion project
Guangxi Huayi Chlor-alkali Chemical Co., LTD. Huayi Qinzhou chemical new material integration