Looking to download a well written, designed, and compelling company profile page for your local or international oil and gas company?
We have created a post to help you better understand the concept of having an attractive company profile for your oil and gas company.
Let’s start with some general info:
The oil and gas sector is a global industry whose tides shows no signs of ebbing. Ripe for the influx of investors, the U.S. oil and natural gas industry is flourishing, supporting around 9.8 to 10 million U.S. jobs. Three of the top 10 oil companies in the world are situated and owned in the United States: Exxon, Chevron and ConocoPhillips. This trio of oil giants, alongside other American oil companies, inject billions of dollars on a yearly basis into the economy of the United States while supplying the energy needs of American businesses and homeowners. Collectively, these companies find, develop and commercialize oil and natural gas.
Petroleum Industry Overview
The petroleum industry is classified into three main sectors where operations are concentrated by oil companies: upstream, midstream and downstream industries. Many of the top American oil companies has operations that encompass all three sectors of the industry. Other oil companies specialize in specific sectors, maybe one or more sectors or provide support services.
POPULAR OIL AND GAS BUSINESS PROFILES TO EMULATE
Exxon Mobil Corporation
Exxon and Mobil merged in 1999 to become the Exxon Mobil Corporation. Based in Irving, Texas, it is the biggest American oil company whose operations are not run by the state, and the second-largest energy company in the world with PetroChina acing that list. Its operations span the globe including the United States, Canada, Belgium and Norway earning it a multinational status. Exxon Mobil is involved in all three sectors of the petroleum industry producing kerosene, gasoline, asphalt, lubricants and adhesives that are sold under the brand names of Exxon, Mobil and Esso.
From its early days as part of John D. Rockefeller’s Standard Oil empire, Exxon Mobil has become the largest American oil company with a 2017 market value of $341.61 billion.
Chevron Corporation is a multinational American oil company situated at San Ramon, California. A descendant of the Pacific Coast Oil Company, which was formed following the discovery of oil in California in 1879, the company has undergone several mergers, most recent merger being the one with Gulf Oil to become Chevron. Chevron’s operations cut across all sectors of the petroleum industry indulging in natural gas refining and exploration, oil-based chemical manufacturing, and production of geothermal energy. Its multinational refining system includes functioning refineries in California, Virginia and Mississippi in the United States, and one each in Ireland, South Korea, Singapore and Thailand. With major operations in some of the world’s most important oil and gas regions, Chevron focuses on the Gulf of Mexico, offshore Western Australia, West Africa, and shale and other tight formations in the U.S. and Canada, among other regions. Fuels and other products are advertised under the Chevron, Texaco and Caltex brands. It ranks as the second-largest American oil companies with $197.03 billion as its market value in 2017
Conoco Inc. and Phillips Petroleum Company, an American multinational energy corporation, underwent a merger in 2002 to form ConocoPhillips Co., its headquarters is situated at Houston, Texas. Based on its reserves and production of natural gas and natural gas liquids (NGLs), which are ethane, propane and butane, ConocoPhillips is the world’s largest independent exploration and production (E&P) company. In addition, it transports and markets its products, which include crude oil, asphalt, natural gas, plastics, solvents, automobile and aviation fuels, NGLs and liquefied petroleum gas worldwide. From its onset in 1875 in Utah as the Continental Oil and Transportation Company, which distributed oil, coal and gas throughout the western United States, the company has risen through the ranks and now confidently sits as the third in the top three American oil companies with a $53.28 billion market value.
Occidental Petroleum Company
Occidental Petroleum Corporation is situated at Houston, Texas. Its operations are executed in the United States, Middle East and Latin America across all three sectors of the petroleum industry. In addition to E&P, Occidental’s midstream and downstream segments gather, process, transport, store, purchase and market oil, gas, NGLs and other petroleum-derived commodities. Occidental owns OxyChem, a leading North American chemical manufacturer. Founded in 1920, Occidental’s worldwide workforce has been approximately calculated as 32,500-33,000 employees and contractors as of 2016. Its market value of $44.81 billion makes it sit amongst the top 10 largest American oil companies.
Valero Industries is among the top 10 American oil companies. Its name was coined from the name for the mission San Antonio de Valero, the original name of the Alamo, and is situated at San Antonio, Texas. It was incorporated as Valero Energy Corporation in 1980, the successor of LoVaca Gathering Company, a subsidiary of the Coastal States Gas Corporation. Originally, its operations were in natural gas transportation. It later diversified into oil refining.
Valero refining capacity makes it the world largest independent refiner, with a jaw-dropping 3.1 million barrels a day, it also leads the pack in the ethanol production industry, it achieves a feat of producing 1.4 billion gallons of the chemical annually, this is made possible due to the manufacturing capacity of the company, with 11 ethanol manufacturing plants throughout the belt of USA. It ranks as the 32nd on the Fortune 500 list, it has a market value of $28.26 billion.
Other Top 10 Oil Companies
Other American oil companies among the top 10 are EOG Resources, Pioneer Natural Resources, Anadarko Petroleum, Marathon Petroleum and Phillips 66
TYPES OF OIL AND GAS COMPANIES
Upstream: Exploration and Production
The upstream industry, also known as the E&P sector, has operations spanning across finding, extracting, developing and producing crude oil or natural gas. Exploring for oil and gas starts with aerial surveys and ground surface observation by geologists and geophysicists. They explore certain kinds of rock formations that may contain petroleum. Next, seismic surveys are performed or survey data is acquired from other companies to develop a clearer picture of the underground rock formations. Wells are drilled for the sole purpose of exploration, also known as exploratory wells, and – when resources are discovered – more wells are drilled to recover and extract the crude oil or raw natural gas and bring it to the surface. A lot of American oil companies are seen to converge their resources and energies in the concentration of their operations in exploration and production. This industry, the upstream, contains companies like, Abraxas Petroleum Corporation, established in 1977 and located in San Antonio, Texas. It concentrates on the development of conventional and unconventional resources in the Rocky Mountains, South Texas, Powder River Basin and Permian Basin in the United States. American Shoreline, it has its headquarters located in Corpus Christi, Texas, also specializes in exploring for and developing oil and natural gas reserves. Concentrating most of its exploration operations in South Texas, one of the most notable natural gas producing areas in the United States, it has unravelled numerous oil and gas fields and field extensions along the Texas Gulf Coast
Midstream: Pipelines, Process, Storage, Transportation
An integral part of the oil and gas value chain, the midstream industry consists of pipelines and other companies that process, store and transport crude oil, natural gas, sulphur and NGLs, basically involves all the processes after exploration and production to keep the extracted raw materials in tip-top shape and ready for refining. This sector provides the link between wide-ranging petroleum-producing areas and the important end consumer centre.
Burrow Global is a mid-sized company across Texas, Louisiana and Oklahoma. It provides oil sector mid-stream services. Its storage and transport facilities include loading and unloading terminals and storage in atmospheric tanks. Other facilities separate, treat, gather and process oil. Burrow Global also possesses pipeline facilities that comprise pump stations, metering stations and compressions.
Among the many other American companies in this segment of the oil business are Dimension Energy Services, Western Gas Resources and Kinder Morgan.
Downstream: Refineries and Distributors
The downstream industry includes oil refineries, petrochemical plants, petroleum products distributors, retail outlets and natural gas distribution companies, its processes largely includes making the raw material into a marketable and usable product.
For example, the 17 million barrels of crude oil unearthed in one day in the U.S. require teams of scientists, engineers and safety professionals employed by refineries to unleash its potential, transforming crude into natural gas, ethane, propane and butane, liquefied petroleum gas, gasoline, kerosene, jet fuel, lubricants, waxes, agricultural chemicals, pesticides, asphalt, heating oil, synthetic rubber, plastics, pharmaceuticals and hundreds of other petrochemicals. OxyChem, a wholly-owned subsidiary of Occidental Petroleum Company, manufactures polyvinyl chloride (PVC) resins and chlorine and caustic soda, which are essential ingredients in products such as plastics, water-treatment chemicals and pharmaceuticals. It is among the top three producers of these products in the United States, the top producer and marketer of caustic soda, and the world’s largest producer of caustic potash and calcium chloride. Based in Dallas, Texas, OxyChem has manufacturing facilities in the United States, Canada and Latin America. Among the many familiar brands in the United States in the downstream segment of the oil industry are Exxon, Esso, Exxon Mobil, Texaco, Castrol, Amoco and many more.
HOW TO WRITE A COMPLETE OIL AND GAS COMPANY PROFILE
If you need a custom-made and unique OIL and gas business profile for your business, follow the procedures to download it.
Pay the sum of N5000 (Five thousand naira only) to the account detail below:
Name: Oyewole Abidemi (I am putting my name and not our company account so you know we are real people and you can trust us)
Thereafter, send us your email address through text message, WHATSAPP to +234 701 754 2853 or firstname.lastname@example.org.
The text must contain the name, details, services, achievements of your Oil and gas company, and also your email address.
Immediately after the confirmation of your payment, we will get to work and send your custom made oil and gas company profile in Nigeria to your email address where you can easily download it.