Oil and gas assets are increasingly fitted with a multitude of Internet of Things (IoT) sensors, causing exponential growth in data. This, in turn, is...
The Middle East is expected to contribute 17% of global new-build trunk/transmission petroleum products pipeline length additions by 2023, says GlobalData, a leading data, and...
The Arctic region is largely under-explored due to its cold, harsh climatic conditions, frozen seas and lack of investment in infrastructure development. However, this picture...
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...
Asia and the Middle East are expected to collectively contribute about 30% of the global new-build crude oil trunk/transmission pipeline length additions by 2023, says...
North America is set to drive the global new-build crude oil trunk/transmission pipeline length additions, contributing around 51% of the global planned and announced crude...
Asia is expected to lead global new-build trunk/transmission petroleum product pipeline length additions, contributing around 59% of planned and announced pipeline length additions between 2019...
Asia is expected to lead the global petrochemical industry capacity growth from new-build and expansion projects between 2019 and 2030 with 50% share, according to...
Iran is expected to lead the Middle East’s oil and gas new-build trunk/transmission pipeline length additions, contributing around 43% of the region’s planned and announced...
Steven Ho, Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers his view on what Comstock’s Chesapeake’s Haynesville assets acquisition will...
Nigeria is expected to contribute around 35% of Africa’s total planned and announced oil and gas new-build trunk/transmission pipeline length additions between 2019 and 2023,...
Norway is set to account for 57% of Northwest Europe’s total crude and condensate (liquids) production in 2025 from planned and announced greenfield projects, according...
Following the increased tensions between the US and Iran caused by the assassination of Qassem Suleimani, Will Scargill, Managing Oil & Gas Analyst at GlobalData, a...
Asia is expected to lead the global ethylene industry capacity growth from new-build and expansion projects between 2019 and 2030, with 47% share, according to...
India is expected to lead Asia’s oil and gas new-build trunk/pipeline length additions, contributing around 53 percent of Asia’s planned and announced pipeline length additions...
Equinor ASA is set to account for 17% of Northwest Europe’s total crude and condensate (liquids) production in 2025 from planned and announced (greenfield) projects,...
China is expected to lead the global ethylene industry capacity growth from planned and announced projects between 2019 and 2030, with 26% share, according to...
As 2019 draws to a close, Anna Belova, Senior Oil and Gas Analyst at leading data and analytics company GlobalData, looks at the key trends...
With Buzios excess area now successfully awarded, Petrobras will practically have two contracts for the complete Buzios area: one for oil originally contracted to Petrobras...
Throughout 2019 Africa has led licensing round activity; looking forward to 2020 this is set to continue, however results of the recent rounds have had...
Natural gas production for Northwest Europe is forecast to decline by approximately 25% from current levels over the next five years as upcoming projects struggle...
Ocean LNG has dominated in terms of long-term liquefied natural gas (LNG) import volumes for contracts signed by key purchasing companies for the year 2019,...
China is set to drive capacity growth in the global acrylic acid industry from planned and announced projects between 2019 and 2023, contributing around 43%...
The US is expected to lead in terms of global trunk or transmission pipeline length additions for planned and announced (new-build) projects between 2019 and...
Gazprom is expected to lead in terms of global trunk or transmission pipeline length additions for planned and announced (new-build) projects among companies between 2019...
China is expected to lead the global petrochemical industry capacity growth from planned and announced projects between 2019 and 2030 with 27% share, according to...
North America and Asia are set to drive the global oil and gas new-build pipeline length additions, contributing around 55% of the global planned and...
Asia is expected to drive the global phenol capacity growth from planned and announced projects between 2019 and 2023, contributing around 91% of the global...
Data management has become an important theme in the oil and gas industry as the volumes of data generated by the industry have increased significantly,...
Asia is set to lead by contributing around 92% of the global acetone capacity growth from planned and announced projects between 2019 and 2023, says...
In view of the increasing competition and narrowing margins among oil and gas companies, asset management is obtaining greater relevance in enhancing operational efficiencies, according...
Abundant shale gas production in the US has enabled the country to export natural gas as liquefied natural gas (LNG) to global markets. This has...
China is set to drive capacity growth in the global propylene oxide (PO) industry from planned and announced projects between 2019 and 2023, contributing around...
This year, deal activity in the Haynesville play has attributed to notable changes in acreage positions among operators, which have been competing aggressively for acreage...
Asia is set to contribute around 72% of the global purified terephthalic acid (PTA) capacity growth from planned and announced projects between 2019 and 2023,...
The recent resurgence of drilling activity in the Haynesville shale is expected to continue for the foreseeable future, considering the projected rise in demand for natural gas...
Following the recent announcement of a new giant oil discovery in Iran; Will Scargill, Managing Analyst, Oil and Gas at GlobalData, a leading data and analytics...
Over the last four years oil and gas production in the West of Shetlands has risen and with that, a growing relevance for the biggest players still...
The global oil and gas industry has witnessed a substantial boost from contracts activity in the Middle East, which has resulted in a contract value...
Egyptian General Petroleum Corporation (EGPC) led globally among companies in the third quarter (Q3) 2019 in terms of the highest number of oil and gas...
Following the rapid adoption of virtual reality (VR) technology in consumer markets, the oil and gas industry is witnessing wide-scale deployment of this technology across...
Iran is set to drive capacity growth in the global maleic anhydride industry from planned and announced projects between 2019 and 2023. The country aims...
Algeria has recently introduced a new hydrocarbons law bill whose goal is to increase the attractiveness of its petroleum fiscal framework after years of reduced...
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...
South America and Europe led globally with the highest number of oil and gas discoveries during the third quarter (Q3) of 2019, with eight discoveries...
Kuwait Petroleum Corp is expected to account for 8% capacity share in the global liquefied natural gas (LNG) regasification industry from new-build (planned and announced)...
Brazil continues to drive global floating production storage and offloading vessels (FPSOs) deployment with 21 planned and announced FPSOs during the outlook period 2019 to...
Asia is expected to lead the global new-build Liquefied Natural Gas (LNG) regasification capacity additions from the planned and announced (new-build) projects. These additions are...
China, with its planned and announced (new-build) terminals, is set to drive most of the liquids storage capacity growth in Asia and Oceania. The country...
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...
Sustained exploration activity in the Barents Sea basin is vital to unlock the larger discoveries needed to warrant investment despite a recently poor run of...
Hengli Petrochemical (Dalian) Co. Ltd. is expected to lead the global planned and announced purified terephthalic acid (PTA) capacity additions during the period 2019 to...
Venture Global Partners is expected to be the leading company in the global liquefied natural gas (LNG) liquefaction industry, in terms of capacity additions from...
Asia is set to lead capacity growth in the global Acrylonitrile-Butadiene-Styrene (ABS) industry from planned and announced projects between 2019 and 2023, contributing around 74%...
Asia is set to lead the global ethylene oxide (EO) industry capacity growth from planned and announced projects between 2019 and 2023, contributing around 58%...
India is expected to lead with 18% capacity share in the global LNG regasification industry from new-build (planned and announced) projects between 2019 and 2023,...
The use of additive manufacturing, or 3D printing, is gradually increasing in the oil and gas industry. Currently accounting for less than 0.1% of the overall...
The Middle East is set to lead capacity growth in the global acetic acid industry from planned and announced projects between 2019 and 2023, contributing...
China is set to drive the global purified terephthalic acid (PTA) industry capacity growth from planned and announced projects between 2019 and 2023, contributing around...
The US is set to drive most of the liquids storage capacity growth in North America with its planned and announced (new-build) terminals, contributing around...
Asia is set to lead the capacity growth in the global ethylene dichloride (EDC) industry from planned and announced projects, contributing around 53% of the...
China is set to lead with the largest active capacity contribution in the global phthalic anhydride industry, contributing around 46% of the global capacity in...
Nigeria is set to drive refinery crude distillation unit (CDU) capacity growth in Africa with its planned and announced (new-build) refineries expected to contribute around...
North America is expected to drive global liquefied natural gas (LNG) liquefaction capacity growth through planned and announced (new-build) projects between 2019 and 2023, contributing...
Gazprom is expected to lead new-build gas processing capacity additions in the global gas processing industry from planned and announced (new-build) projects between 2019 and...
Asia and the Middle East are expected to drive the entire capacity growth in the global expandable polystyrene (EPS) industry from expansion projects (planned and...
The US is expected to drive new-build gas processing capacity growth in the global gas processing industry from planned and announced (new-build) projects between 2019...
Kuwait Petroleum Corp is expected to lead new-build crude distillation unit (CDU) capacity additions in the global refinery industry from planned and announced (new-build) projects...
The Agência Nacional do Petróleo, Gás Natural e Biocombustíveis (ANP), Brazil’s national agency for petroleum, plans to increase the diversity of upstream oil and gas...
Asia is expected to drive capacity growth in the global ethylbenzene industry from planned and announced plants between 2019 and 2023, contributing around 76% of...
India is set to drive capacity growth in the global styrene-butadiene-rubber (SBR) industry from planned and announced plants between 2019 and 2023, contributing around 29%...
Dangote Industries is expected to deploy four planned plants by 2030, the highest among all the operators globally, according to GlobalData, a leading data and...
Iraq is set to drive crude distillation units (CDUs) capacity growth in the Middle East from planned and announced (new-build) projects between 2019 and 2023,...
The US will drive new-build, small-scale liquefied natural gas (LNG) liquefaction capacity additions globally from planned and announced (new-build) projects between 2019 and 2023, contributing...
Following the September 14 attacks on oil infrastructure in Saudi Arabia, Will Scargill, Managing Oil & Gas Analyst at GlobalData, a leading data and analytics...
Fortress Investment Group is expected to lead capacity additions from planned and announced (new-build) projects in the global small-scale liquefied natural gas (LNG) liquefaction industry...
China Petrochemical Corp is expected to lead new-build liquids storage capacity additions in the global liquids storage industry from planned and announced (new-build) projects between...
Expanding the East-West Pipeline’s crude oil capacity to 6.5 million barrels per day (mmbd) will provide Saudi Arabia with an infrastructural improvement, but it will...
Unmanned aerial vehicles (UAVs), or drones, are becoming integral to the oil and gas industry due to their increasing usability across the value chain to...
Oil and gas companies are evaluating the possibilities of deploying wearable devices in day-to-day operations to improve safety and effiency in oilfield operations, says GlobalData,...
Asia expects to drive capacity growth in the global liquids storage industry from planned and announced (new-build) projects by contributing around 43% of the global...
Asia is expected to drive new-build crude distillation unit (CDU) capacity growth in the global refinery industry from planned and announced (new-build) projects between 2019...
China is set to drive capacity growth in the global ethylbenzene industry from planned and announced plants between 2019 and 2023, contributing around 59% of...
North America is expected to drive capacity growth in the global liquefied natural gas (LNG) liquefaction industry from planned and announced (new-build) projects between 2019...
China is expected to drive capacity growth of 34% in Asia and Oceania’s refinery crude distillation units (CDUs) from planned and announced (new-build) projects between...
Asia and the Middle East are set to lead the global styrene-butadiene-rubber (SBR) production capacity as they are poised to see moderate growth over the...
Nigeria is expected to drive new-build crude distillation unit (CDU) capacity growth in the global refinery industry from planned and announced (new-build) projects during the...
India is set to drive the global ammonia industry growth from planned and announced plants between 2019 and 2030, contributing around 20% of the total...
There is considerable potential to raise the crude oil production in the Bakken shale play from the current level of approximately 1.44 million barrels of...
Vaca Muerta has been seen by multiple governments in Argentina as an engine for economic growth, creating expectations that almost never correspond to reality, says...
Asia is expected to lead the global LNG regasification industry capacity growth from new-build (planned and announced) projects between 2019 and 2023 with 63% share,...
The upstream sector is witnessing comparatively more implementations of the Industrial Internet compared to other oil and gas sectors. This is driven by the need...
Increased recovery projects in Norway will unlock substantial oil resources, driven predominantly by the majority state-owned Equinor, says GlobalData, a leading data and analytics company. Daniel...
China is expected to lead the global capacity growth of planned and announced liquids storage terminals by 2023, accounting for 26% of global new-build liquids...
Iran, Russia and the US are expected to drive the global methanol industry growth from planned and announced plants between 2019 and 2030. Together these...
India plans to spend around US$10.2bn on the expansion of its natural gas pipeline network across the country to raise the share of natural gas...
India is expected to drive capacity growth in Asia and Oceania’s liquefied natural gas (LNG) regasification industry from planned and announced (new-build) projects between 2019...
China is expected to drive the global propylene industry growth from planned and announced plants between 2019 and 2030, contributing around 33% of the total...
India is expected to drive the global urea industry growth from planned and announced plants between 2019 and 2030, contributing around 24% of the total...
Majority of the drilling and production activity in the Marcellus shale continues to take place in northeast and southwest of Pennsylvania, especially in Susquehanna and...
Brazil alone is expected to contribute around 18% or 1,455 thousand barrels per day (mbd) of global crude oil and condensate production from key offshore...
Global polypropylene capacity is poised to see a considerable growth of 48% from 80.39 million tonnes per annum (mtpa) in 2018 to 118.66 mtpa in...
Global ethylene capacity is poised to register a considerable growth of 40% from 189.13 million tonnes per annum (mtpa) in 2018 to 264.13 mtpa in...
The oil and gas industry is gearing up to deploy robotics across a wide range of applications in the upstream, midstream and downstream segments, primarily...
China’s national oil companies (NOCs) are increasingly investing in Africa to secure oil supplies to help feed surging domestic energy demand. As a result, their...
Global polyethylene capacity is poised to see considerable growth over the next five years, potentially increasing from 110.12 million tonnes per annum (mtpa) in 2018...
Israel has gone through an energy production revolution owing to discoveries of natural gas resources such as the Tamar and Leviathan fields over the past...
Russia is set to account for 92% of the Former Soviet Union’s (FSU’s) total crude and condensate (liquids) production in 2025 from planned and announced...
North America and Asia are expected to lead capacity growth in the global LNG liquefaction and regasification industries from planned and announced (new-build) projects, respectively...
Russia is expected to drive the growth in the global underground gas storage industry between 2019 and 2023, contributing around 32% of the working gas...
New coal-to-olefins (CTO)/methanol-to-olefins (MTO) projects in China are expected to face the risk of delay due to the government’s intensified efforts to reduce pollution by...
The US and India are expected to lead capacity growth in the global LNG liquefaction and regasification industries from planned and announced (new-build) projects, respectively...
India’s phenol plant capacity is forecasted to grow at a compound annual growth rate (CAGR) of 60.2% from 0.074 million tonnes per annum (mtpa) in...
Packaging industry, which accounted for a share of 28.8% of the polypropylene demand in India in 2017, is set to drive the country’s polypropylene plant...
The importance of predictive maintenance has increased in oil and gas operations against the backdrop of aging infrastructure and volatile crude pricing, according to GlobalData,...
China’s Purified Terephthalic Acid (PTA) plant capacity is forecasted to grow at a compound annual growth rate (CAGR) of 3.9% from 43.850 million tonnes per...
India is set to become a net exporter of Purified Terephthalic Acid (PTA) over the next four years as exports of PTA are expected to...
Abundant hydrocarbon reserves and the ability to drill longer laterals has made Permian Basin the most prolific shale play in the world, according to GlobalData,...
Indonesia and Malaysia will contribute around 80% of the Southeast Asia’s total crude production from eight planned and announced projects in 2025, according to GlobalData,...
The imports of Styrene-Butadiene Rubber (SBR) production in China is expected to grow at a compound annual growth rate (CAGR) of 11.8% from 0.454 million...
Norway had the highest number of oil and gas discoveries globally in the first quarter (Q1) of 2019 with five discoveries. Of these, three were...
Over the last 15 years, the adoption of digital oilfields has gained impetus due to advancements in technologies for sensing, automation, connectivity and data analytics,...
Asia will be the global leader in terms of new-build liquids storage capacity during the outlook period with 43,315 thousand cubic meters (mcm), according to...
China is expected to be the major contributor to the growth of the global planned liquids storage industry between 2019 and 2023, according to GlobalData,...
Asia is forecast to be the major contributor to the growth of the global liquids storage industry by 2023, accounting for around 33% of the...
Asia is forecast to be the major contributor to the growth of the global petrochemical industry by 2030, accounting for around 49% of the global...
Asia is expected to be the major contributor to the growth of the global refinery hydrocracking units industry between 2019 and 2023, according to GlobalData,...
China and Nigeria are expected to be the major contributors to the global refinery crude distillation unit (CDU) industry capacity growth from new-build and expansion...
A steadily expanding economy and growing urbanization has led to rapid domestic energy consumption and made China increasingly dependent on foreign oil and gas. To...
Norway is expected to spend the highest new-build capital expenditure (capex) of US$21.2bn on the development of the planned and announced projects, among the countries...
China’s Acrylonitrile plant capacity is forecasted to grow at a compound annual growth rate (CAGR) of 12.1% from 2.124 million tonnes per annum (mtpa) in...
India’s Caustic Soda plant capacity is forecasted to grow at a compound annual growth rate (CAGR) of 6.1% from 3.751 million tonnes per annum (mtpa)...
China is expected to lead the global refinery industry in terms of capex as well as crude distillation unit (CDU) capacity additions during the outlook...
Asia is expected to lead the global refining industry, both in terms of capacity as well as capital expenditure (capex), between 2019 and 2023, according...
China and Nigeria are expected to be the major contributors to the global refining industry capacity growth from planned and announced projects between 2019 and...
India’s Vinyl Chloride Monomer (VCM) plant capacity is forecasted to grow at a compound annual growth rate (CAGR) of 18.3% from 0.970 million tonnes per...
Due to rapid technological developments in the exploration and production of oil sands, Canada has emerged as the world’s fourth largest producer of crude oil,...
Australia will account for all floating production, storage and offloading vessels (FPSOs) planned for deployment in Oceania during 2019–2025, according to GlobalData, a leading data...
India’s ammonia plant capacity is forecasted to grow at a compound annual growth rate (CAGR) of 10.3% from 15.610 million tonnes per annum (mtpa) in...
China will drive the majority of growth in the crude oil refining industry in Asia between 2018 and 2023, contributing 44% of Asia’s crude oil...
India is the next largest contributor of Asia’s crude oil refining capacity, after China. The country is expected to contribute 15% of the Asia’s crude...
Global ethylene capacity is expected to experience considerable growth between 2017 and 2026, increasing from 180 million tons per annum (mtpa) in 2017 to more...
Romania will drive most of the growth in the gas processing industry in Europe between 2018 and 2022, contributing around 94% of Europe’s planned gas...
Russia is expected to be the major contributor to the growth of the underground working gas storage capacity in the Former Soviet Union (FSU) between...
Russia will account for 42% of the total capacity additions in the gas processing industry in the Former Soviet Union between 2018 and 2022, according...
