Upstream: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing 14/8/13) |
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In relation to guarantees, an ''upstream guarantee'' is one given by a subsidiary company in relation to the obligations of its parent company. | |||
3. In the oil and gas industry the ''upstream business'' refers to finding and extracting crude oil and gas. | |||
2. | |||
An ''upstream loan'' is a loan made by a subsidiary company to its immediate or ultimate parent company. | |||
3. | |||
In the oil and gas industry the ''upstream business'' refers to finding and extracting crude oil and gas. | |||
Contrasted with the ''downstream business'' of distribution and sales of refined and synthetic oil and gas products. | Contrasted with the ''downstream business'' of distribution and sales of refined and synthetic oil and gas products. | ||
== See also == | == See also == | ||
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* [[Downstream]] | * [[Downstream]] | ||
* [[Guarantee]] | * [[Guarantee]] | ||
Revision as of 10:54, 14 August 2013
1.
In relation to guarantees, an upstream guarantee is one given by a subsidiary company in relation to the obligations of its parent company.
2.
An upstream loan is a loan made by a subsidiary company to its immediate or ultimate parent company.
3.
In the oil and gas industry the upstream business refers to finding and extracting crude oil and gas. Contrasted with the downstream business of distribution and sales of refined and synthetic oil and gas products.
