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Upstream

 

Operations stages in the oil and gas industry that involve exploration and production.

Investopedia Says:
Most oil companies are known as "integrated" because they combine upstream activities with downstream operations, which take place after the production phase through to the point of sale.

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Banking Dictionary: Upstream
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1. Correspondent bank that buys Loan Participations exceeding the legal lending limit of a community bank, also called the Downstream bank or respondent bank. Typically, correspondent banks offer other banking services for community banks, such as check collection, foreign exchange, and arrange Letter of Credit financing.

2. loan or transfer of funds, for example, earnings or capital, from a subsidiary to its parent company, a term widely used in banking to denote the internal movements of funds within a bank holding company. Corporate dividends in a multibank holding company are paid out of funds transferred to the holding company by its operating banks.

Wikipedia: Upstream
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In geography, upstream literally means towards the source of a stream or river, or against the normal direction of water flow.

Upstream may also refer to:

Molecular biology

Companies

Media

  • Upstream (newspaper), a weekly, independent trade newspaper covering the global oil and gas industry.

Computer science


 
 

 

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Investment Dictionary. Copyright ©2000, Investopedia.com - Owned and Operated by Investopedia Inc. All rights reserved.  Read more
Banking Dictionary. Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.  Read more
Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "Upstream" Read more