Upstream/downstream Of The Oil Sector Jamb Economics Past Questions
Question 1
The most important goal of OPEC is to?
- A. present a united front for the purpose of raise prices of crude oil
- B. bring unity among the petroleum exporting countries
- C. ensure political stability among member states
- D. ensure that rules on quota production are strictly followed
Question 2
Upstream oil activities involve the
- A. management of pollution
- B. marketing of refined products
- C. exploration of crude oil
- D. refining of crude oil
Question 3
The loading of crude oil at the terminal is an activity in the
- A. downstream sector of the oil industry
- B. upstream and downstream sector of the oil industry
- C. upstream sector of the oil industry
- D. midstream and upstream sectors of the oil industry
Question 4
Upstream oil activities involve the
- A. exploration of crude oil
- B. refining of crude oil
- C. marketing of finished products
- D. management of pollution
Question 5
The activities in the oil and gas industry are classified into
- A. exploration and transportation
- B. upstream and downstream
- C. discovery and extraction
- D. onshore and offshore
