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Upstream and downstream refer to a company's position in the supply chain. Upstream functions focus on acquiring raw materials and manufacturing, primarily on supply management. This involves ...
In contrast, fully de-integrated modern petroleum companies could not be structured or strategically positioned more differently (Fig. 2). In the extreme, each division operates as an independent ...
BP will reorganize into two main business units - upstream and downstream - under new CEO Meg O'Neill, who took the helm on April 1 to become the oil major's fifth chief since 2020, a spokesperson ...