This group collects Energy sector members whose core business is downstream: refining crude oil or other feedstocks into fuel and other products, and marketing and retailing those products, without a substantial upstream exploration and production business of their own. It gathers independent American refiners, national and regional refining and marketing companies, retail fuel distributors across several continents, and a handful of renewable and biofuel producers placed here on the fuel-refining and marketing nature of their business regardless of feedstock. This group is kept apart from Integrated Oil and Gas, reserved for a company whose business also spans upstream exploration and production.
Facts
Oil and Gas Refining and Marketing
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Sources
1. Wikipedia: Global Industry Classification Standard
WikipediaGlobal Industry Classification Standard, sector table, Energy rowQuote, Global Industry Classification Standard, sector table, Energy row
10 Energy
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