What are the key steps in refining oil. How does the refinery industry deploy capital to increase its yield in the refineries so it get more and more higher valued products and increase its yield?   The midstream, both gas and oil, has a value chain and contract structure all its own. Provide an overview of the value chain and highlight the key differences between oil, gas and NGLs?

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter8: Business Organizations
Section8.2: Sole Proprietorships And Parternships
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What are the key steps in refining oil. How does the refinery industry deploy capital to increase its yield in the refineries so it get more and more higher valued products and increase its yield?

 

The midstream, both gas and oil, has a value chain and contract structure all its own. Provide an overview of the value chain and highlight the key differences between oil, gas and NGLs?

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