.. Amazing Stories On Oil and Gas

How Low Oil Price Affects Petroleum Companies and Petroleum Workers


searchBelieve me or not  some  people are happier with the recent low crude prices because they can fill their cars with cheaper gasoline, but  it hurt more oil companies and oil and gas workers.

Now let see how this it affect petroleum companies and i will finish by explain how it affects oil and gas workers.

Lets go


How it affect oil companies

The industry is composed of four segments

Upstream companies: they deal with exploration and production in other word they getting crude out of the ground. These  companies  experience bad time  during low crude prices as the cost of selling price it depend on market situation, while the cost of production is fixed. So if it costs more in production and exploration and costs at which  they sell price it gets low, they will incur losses .

Midstream Companies: They deals with moving crude oil and natural gas, example of midstream stuff  such as pipelines, tankers rail car etc. Since oil price is low these companies will move oil at the low prices.


Downstream companies they deal with refining manufacturing and selling of products from oil and natural gas like petrochemicals, lubricants and fertilizer. These companies are not affected much because they make profit by purchasing  crude or natural gas and selling their product so these companies still make profit even in downturn.

Service companies: they provide man power and help in service in oil and gas companies, example  Schlumberger,  and Halliburton, This companies during downturn experiencing serious trouble since because they depend on receiving tender from upstream  Companies,  So they must receive even less payment from operators as a result they incur loss.


How it affect Petroleum professionals

Petroleum companies are not only who feel the pain of this low prices but also it hurts  oil and gas workers. As the  crude price gets low petroleum companies try to find ways to run their operation with minimum cost and ensuring they are making profit, in order to do so they cut up jobs and laid off its workers. As the  oil and gas workers  lost their jobs in petroleum companies make them experiencing bad time.

Read :how-oil-gas-professionals-who-lost-jobs-can-survive-the-low-oil-price


Low oil price is not  a good news to every one because it has it hurts companies in petroleum business as well as oil and gas workers



Add a Comment
  1. I just want to mention I’m new to blogging and really liked you’re blog site. Almost certainly I’m going to bookmark your blog post . You actually come with excellent articles and reviews. Many thanks for revealing your webpage.

  2. Sweet web site , super style and design , really clean and use pleasant.

  3. I’ve been absent for a while, but now I remember why I used to love this web site. Thanks , I will try and check back more often. How frequently you update your web site?

  4. Wonderful goods from you, man. I’ve understand your stuff previous to and you’re just too fantastic. I actually like what you’ve acquired here, certainly like what you’re stating and the way in which you say it. You make it entertaining and you still take care of to keep it sensible. I can not wait to read much more from you. This is actually a terrific web site.

  5. Thanks for any other fantastic article. The place else may just anybody get that kind of information in such an ideal approach of writing? I’ve a presentation next week, and I’m on the look for such info.

  6. Hello my loved one! I want to say that this article is awesome, nice written and include almost all vital infos. I¡¦d like to peer more posts like this .

  7. Thank you for another magnificent post. Where else may anyone get that type of information in such an ideal way of writing? I have a presentation subsequent week, and I’m on the search for such information.

  8. Excellent beat ! I wish to apprentice while you amend your website, how could i subscribe for a blog web site? The account helped me a acceptable deal. I had been a little bit acquainted of this your broadcast offered bright clear idea

  9. The new Zune browser is amazingly Wonderful, nonetheless not as beneficial as the iPod’s. It performs properly, however is not as instantaneous as Safari, and incorporates a clunkier interface. If yourself occasionally system upon taking the website browser that is not an issue, nonetheless if you might be designing in the direction of browse the website alot versus your PMP then the iPod’s bigger exhibit and far better browser may well be crucial.

  10. May I simply say what a relief to uncover someone who genuinely knows what they’re talking about on the web. You certainly realize how to bring an issue to light and make it important. More and more people should check this out and understand this side of the story. It’s surprising you aren’t more popular since you definitely possess the gift.

  11. If you’re however on the fence: seize your beloved earphones, head down in direction of a Least difficult Acquire and question in direction of plug them into a Zune then an iPod and look at which 1 sounds much better toward you, and which interface tends to make you smile even more. Then you will understand which is straight for your self.

  12. Thanks a lot for providing individuals with such a marvellous chance to read in detail from this web site. It’s always very beneficial and also full of a great time for me and my office friends to search the blog a minimum of thrice a week to find out the fresh items you have. Of course, I’m usually pleased for the fantastic tips you serve. Selected 3 points in this posting are truly the simplest I have had.

  13. I have read several excellent stuff here. Definitely worth bookmarking for revisiting. I surprise how so much effort you place to make this type of excellent informative web site.

  14. Hi there, You’ve done an excellent job. I’ll certainly digg it and personally recommend to my friends. I am confident they will be benefited from this site.

  15. Hello there, I discovered your web site by the use of Google while searching for a comparable matter, your website came up, it looks great. I have bookmarked it in my google bookmarks.

  16. As I website possessor I believe the content matter here is rattling wonderful , appreciate it for your hard work. You should keep it up forever! Good Luck.

  17. Sorry for the large analyze, but I’m Pretty loving the new Zune, and assume this, as well as the very good testimonials some other us residents have written, will guidance yourself determine if it truly is the directly option for oneself.

  18. The Zune concentrates on remaining a Moveable Media Player. Not a website browser. Not a video game machine. Probably in the long term it’s going to do even superior inside these areas, nevertheless for by now it truly is a superior course in the direction of organize and listen in the direction of your songs and movies, and is without the need of peer in just that respect. The iPod’s rewards are its internet visiting and apps. If all those sound excess persuasive, maybe it is your perfect option.

  19. I wish to express some appreciation to the writer for bailing me out of this type of dilemma. Right after surfing through the internet and obtaining concepts that were not beneficial, I was thinking my entire life was gone. Existing devoid of the solutions to the difficulties you have solved through your entire blog post is a serious case, and the kind which might have in a negative way damaged my entire career if I had not noticed your website. Your primary training and kindness in controlling all the things was vital. I am not sure what I would have done if I hadn’t encountered such a step like this. I can also at this point look forward to my future. Thank you so much for this reliable and sensible help. I will not be reluctant to refer your web page to anybody who wants and needs support on this situation.

  20. Hey there would you mind sharing which blog platform you’re using? I’m going to start my own blog in the near future but I’m having a hard time choosing between BlogEngine/Wordpress/B2evolution and Drupal. The reason I ask is because your design and style seems different then most blogs and I’m looking for something unique. P.S My apologies for being off-topic but I had to ask!

  21. I’ve been absent for some time, but now I remember why I used to love this website. Thank you, I¡¦ll try and check back more frequently. How frequently you update your web site?

  22. It’s appropriate time to make some plans for the future and it’s time to be happy. I have read this post and if I could I wish to suggest you some interesting things or advice. Perhaps you can write next articles referring to this article. I want to read more things about it!

  23. Apple currently contains Rhapsody as an application, which is a best commence, yet it is previously hampered via the lack of ability toward retail outlet locally on your iPod, and incorporates a dismal 64kbps bit selling price. If this modifications, then it will relatively negate this convenience for the Zune, yet the Ten new music per thirty day period will still be a massive plus inside Zune Pass’ want.

  24. Very nice post. I just stumbled upon your blog and wanted to say that I have really enjoyed browsing your blog posts. After all I’ll be subscribing to your feed and I hope you write again very soon!

  25. Thanks for every other informative web site. The place else may I am getting that kind of information written in such a perfect way? I’ve a undertaking that I am just now working on, and I have been at the glance out for such information.

  26. You made a few fine points there. I did a search on the theme and found mainly people will go along with with your blog.

  27. Apple at the moment is made up of Rhapsody as an app, which is a best commence, nonetheless it is previously hampered via the inability to store domestically on your iPod, and incorporates a dismal 64kbps bit price. If this variations, then it will fairly negate this advantage for the Zune, yet the 10 audio for each thirty day period will continue to be a substantial as well as inside Zune Pass’ choose.

  28. I loved as much as you will receive carried out right here. The sketch is tasteful, your authored material stylish. nonetheless, you command get got an shakiness over that you wish be delivering the following. unwell unquestionably come more formerly again since exactly the same nearly a lot often inside case you shield this hike.

  29. Thanks for writing this awesome article. I’m a long time reader but I’ve never been compelled to leave a comment. I subscribed to your blog and shared this on my Twitter. Thanks again for a great post!

  30. Apple already consists of Rhapsody as an application, which is a Good start, yet it is at this time hampered via the incapability in direction of shop domestically on your iPod, and contains a dismal 64kbps bit price tag. If this alterations, then it will somewhat negate this benefit for the Zune, yet the Ten new music per month will however be a large plus within Zune Pass’ want.

  31. Thank you for posting this awesome article. I’m a long time reader but I’ve never been compelled to leave a comment. I subscribed to your blog and shared this on my Twitter. Thanks again for a great article!

  32. This is taking a little bit further more subjective, still I much like the Zune Market place. The interface is colorful, has a lot more aptitude, and some neat functions together with ‘Mixview’ that allow for yourself abruptly view similar albums, music, or other customers similar toward what you are listening to. Clicking upon just one of all those will middle upon that product or service, and a further fastened of “neighbors” will come into perspective, allowing for you toward navigate in excess of looking into by way of comparable artists, new music, or buyers. Conversing of consumers, the Zune “Social” is far too Terrific exciting, making it possible for your self come across other people with shared preferences and getting to be good friends with them. Yourself then can hear toward a playlist made primarily based on an amalgamation of what all your pals are listening in the direction of, which is far too enjoyable. People concerned with privacy will be relieved towards comprehend your self can keep away from the community towards observing your personal listening practices if oneself consequently choose.

Leave a Reply

Your email address will not be published.

Time limit is exhausted. Please reload CAPTCHA.

Tanzania Petroleum © 2016-2017.