phonex energy

Our global Oil & Gas company is made up of acknowledged legal experts in the oil and gas industry, offering depth of resource, local expertise and commitment to the key oil and gas markets across the globe.We advise on the complex legal, commercial and technical issues associated with upstream, midstream and downstream developments worldwidThe oil and gas industry is a global powerhouse employing hundreds of thousands of workers worldwide as well as generating hundreds of billions of dollars globally each year.These oil and gas companies are so vital they often contribute a significant amount towards national GDP.The oil and gas industry can be broken down into three key areas: Upstream, midstream and downstream.The Upstream component is also refereed to as the E&P (exploration and exploration). This involves search for underwater and underground natural gas fields or crude oil fields and the drilling of exploration wells and drilling into established wells to recover oil and gas.Downstream refers to the filtering of the raw materials obtained during the upstream phase. This means refining crude oil and purifying natural gas. The marketing and commercial distribution of these products to consumers and end users in a number of forms including: natural gas, diesel oil, petrol, gasoline, lubricants, kerosene, jet fuel, asphalt, heating oil, LPG (liquefied petroleum gas) as well as a number of other types of petrochemicals. Midstream is generally classified under the downstream category.The largest volumes of products of the oil and gas industry are fuel oil and gasoline (petrol). Petroleum is the primary material for a multitude of chemical products, including pharmaceuticals, fertilizers, solvents and plastics. Petroleum is therefore integral to many industries, and is of critical importance to many nations as the foundation of their industries.