Hess Corporation and Petroleum industry

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Difference between Hess Corporation and Petroleum industry

Hess Corporation vs. Petroleum industry

Hess Corporation (formerly Amerada Hess Corporation) is an American global independent energy company engaged in the exploration and production of crude oil and natural gas. The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transporting (often by oil tankers and pipelines), and marketing of petroleum products.

ConocoPhillips

ConocoPhillips Company is an American multinational energy corporation with its headquarters located in the Energy Corridor district of Houston, Texas in the United States.

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Downstream (petroleum industry)

The oil and gas industry is usually divided into three major sectors: upstream, midstream, and downstream. The downstream sector is the refining of petroleum crude oil and the processing and purifying of raw natural gas, as well as the marketing and distribution of products derived from crude oil and natural gas.

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Hydrocarbon exploration

Hydrocarbon exploration (or oil and gas exploration) is the search by petroleum geologists and geophysicists for hydrocarbon deposits beneath the Earth's surface, such as oil and natural gas.

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Kerosene

Kerosene, also known as paraffin, lamp oil, and coal oil (an obsolete term), is a combustible hydrocarbon liquid which is derived from petroleum.

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List of oil exploration and production companies

The following is a list of notable companies in the petroleum industry that are engaged in petroleum exploration and production.

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Marathon Oil

Marathon Oil Corporation is an American petroleum and natural gas exploration and production company headquartered in the Marathon Oil Tower in Houston, Texas.

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Natural gas

Natural gas is a naturally occurring hydrocarbon gas mixture consisting primarily of methane, but commonly including varying amounts of other higher alkanes, and sometimes a small percentage of carbon dioxide, nitrogen, hydrogen sulfide, or helium.

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Oil reserves

Oil reserves denote the amount of crude oil that can be technically recovered at a cost that is financially feasible at the present price of oil.

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Pennsylvania

Pennsylvania (Pennsylvania German: Pennsylvaani or Pennsilfaani), officially the Commonwealth of Pennsylvania, is a state located in the northeastern and Mid-Atlantic regions of the United States.

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Petrochemical

Petrochemicals (also known as petroleum distillates) are chemical products derived from petroleum.

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Petroleum

Petroleum is a naturally occurring, yellow-to-black liquid found in geological formations beneath the Earth's surface.

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Propane

Propane is a three-carbon alkane with the molecular formula C3H8.

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The New York Times

The New York Times (sometimes abbreviated as The NYT or The Times) is an American newspaper based in New York City with worldwide influence and readership.

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Upstream (petroleum industry)

The oil and gas industry is usually divided into three major sectors: upstream (or exploration and production- E&P), midstream and downstream.

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World War II

World War II (often abbreviated to WWII or WW2), also known as the Second World War, was a global war that lasted from 1939 to 1945, although conflicts reflecting the ideological clash between what would become the Allied and Axis blocs began earlier.

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