In this episode, we have Robert Auers, a refinery modeller and refined fuels market analyst at RBN Energy, to shed light on the value chain and technical complexities involved in the industry.
Join us as we delve into the upstream, midstream, and downstream processes of the oil and gas industry, including the production methods, used to extract oil and gas from the ground. We also discuss the importance of understanding the value chain, as it affects the prices of various products in the market.
In addition, we touch on the topic of NGLs, or natural gas liquids, which are an important component of the industry. These liquids are more valuable than natural gas but less valuable than crude oil, and their processing involves technical complexities such as removing sulfur from the products and reducing its specification.
Tune in to this episode to gain insights into the oil and gas industry and its technicalities, and to learn about the challenges and opportunities it presents.