Oil & Gas

Following the recent news that the US Democratic Party candidate, Joe Biden, looks to have won the 2020 US Presidential Election after a tight race...

Supported by its Al-Zour project, Kuwait is expected to lead the refinery capacity growth in the Middle East by 2024, with the anticipated addition of 615 thousand barrels per day (mbd) contributing to around 31% of the region’s total growth. This is expected to be closely followed by Saudi Arabia, with contributions of...

Leading oil and gas engineering, procurement, and construction (EPC) companies are increasingly shifting their strategies towards cleaner energy segments, according to GlobalData, a leading data and analytics company. Major oil and gas EPCs have traditionally relied on projects within the oil and gas value chain, building relatively little exposure...

Global economic slowdown has led to reduced demand for LNG produced in the US. As a result, LNG exports from the country are likely to remain low in the near future, says GlobalData, a leading data and analytics company. Haseeb Ahmed, Oil and Gas Analyst at GlobalData,...

Following Energy Information Administration’s release of official weekly data on stocks, demand and supply of US crude oil and refined products; Adrian Lara, Senior Oil & Gas Analyst at GlobalData, a leading data and...

Following the news that Saudi Arabia is responding to Russia’s refusal to a new oil production cut agreement by cutting oil prices and boosting supply, Will Scargill, Managing Oil & Gas Analyst at GlobalData, a leading data and analytics...

The average production for the Denver-Julesburg (DJ) Basin in 2020 is forecasted to hit 1.1 million barrel oil equivalent per day (mmboed) compared to an average of 0.997mmboed in 2019, according to leading data and analytics company GlobalData. Steven Ho, Oil and Gas...

Final Investment Decisions (FIDs) planned across the oil and gas value chain in 2020 are set to focus on natural gas developments, according to GlobalData, a leading data and analytics company. The company’s report, ‘Global Oil & Gas FIDs in 2020’, reveals that FIDs targeted for this...

Saudi Aramco is continuing to focus significant efforts on crude oil expansion, according to GlobalData, a leading data and analytics company. The company’s report, ‘Saudi Aramco...

Petroleo Brasileiro (Petrobras) continues to dominate global floating production storage and offloading vessel (FPSO) deployments with operatorship in 15 planned and announced projects during the outlook period...

The US is forecast to drive new-build, liquefied natural gas (LNG) liquefaction capacity additions globally from planned and announced (new-build) projects between 2019 and 2023, contributing around 73% of global new-build LNG liquefaction capacity growth by 2023, according to GlobalData, a leading data...