Utilities use AI to understand shift in energy use patterns resulting from the COVID-19 pandemic
The spread of the COVID-19 pandemic has prompted state and local governments in the US to put quarantine measures in place. As a result, the...
The spread of the COVID-19 pandemic has prompted state and local governments in the US to put quarantine measures in place. As a result, the...
Following the news that General Electric has completed construction of a EGP100m control and monitoring center at the Benban solar complex facility; Yasmine Ghozzi, Economist at...
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%...
Installed capacity of renewable power in Colombia is expected to rise from 2% in 2018 to 14% in 2025, with a further rise to 21%...
The Central Electricity Authority (CEA) affirms that state discoms across India owe over US$420m (INR30.12bn) to renewable energy generation companies for 5,981.67MW of capacity supplied....
Following the announcement that Softbank’s US$100bn Vision Fund will invest US$100m in Swiss startup Energy Vault; Amit Sharma, Practice Head of Power at GlobalData, a leading...
Ireland is expected to attract massive investment as the country is set to add 5.8 gigawatt (GW) of non-hydro renewable power capacity over the next...
The global oil and gas industry’s total contract value reached US$42bn in Q2 2019, a massive 79% increase on Q1’s value of US$23.4bn according to...
Vattenfall has announced it will be constructing the Hollandse Kust Zuid (HKZ) 3 and 4 offshore wind farm on a zero subsidy mechanism; the second...
Portugal’s first-ever solar photovoltaic (PV) auction for 1.4 gigawatts (GW) tender has received offers for 10GW and 64 companies have shown interest to develop solar...
Australia’s rough diamond output will decline to just 137,000 carats, from the current level of 14.2 million carats (Mct), following the expected closure of Western...
Following Guyana’s Department of Energy announcement that it plans to increase the government take by raising royalties payable on oil and gas production in the...
A total of 20 planned and announced floating production, storage and offloading vessels (FPSOs) are expected to be deployed offshore Brazil between 2019 and 2025,...
E.ON’s move to supply its residential customers with 100% renewable electricity can potentially influence the *Big Six to move towards renewable energy and signals a...
Colombia led globally with seven oil and gas discoveries in the second quarter (Q2) of 2019, followed by India, Russia and Pakistan with three each,...
Investment in the UK renewable sector (excluding small hydropower) is set to increase as the sector is expected to almost double its capacity by 2030....
The global power mergers and acquisitions (M&A) market remained strong in 2018 with transaction volumes reaching US$158bn, the second highest in the last five years....
The net metering market has grown significantly in the past five years, driven by simple installation procedures, favorable government policies and the affordability of rooftop...
The overall renewable power capacity (excluding small hydropower) in Brazil is expected to grow at a compound annual growth rate (CAGR) of 6% from 31...
Following the recent news that Exxon Mobil Corp (Exxon Mobil) is seeking bids for its Norwegian oil and gas fields, Daniel Rogers, Oil & Gas...
Following the massive power disruption that crippled the Argentinian power systems, Ankit Mathur, Practice Head of Power at GlobalData, a leading data and analytics company,...
Following the recent news that the UK has announced it will promote renewable energy as part of its new Small Export Guarantee (SEG) scheme, Mohit Prasad,...
The global smart meters market is estimated to be worth US$7.06bn in 2023, increasing from US$5.8bn in 2018, according to GlobalData, a leading data and...
The US is expected to add the highest trunk pipeline length in the global oil and gas pipelines industry between 2019 and 2023, contributing a...
National Oil Companies (NOCs) in Thailand and Indonesia are using the expiry of existing production-sharing contracts as an opportunity to take greater control of mature...
A number of Exploration and Production companies (E&Ps) have entered the offshore UK sector and created portfolios with above average remaining Net Present Value (NPV)/barrel...
Licensing opportunities are increasing in the Americas as Brazil, Canada, and the US launch licensing rounds scheduled to close within 2019, according to GlobalData, a...
Following the release of Innogy SE’s Q1 2019 results, Mohit Prasad, Project Manager for Power at GlobalData, a leading data and analytics company, offers his...
Renewable power capacity (excluding small hydropower) in Argentina is expected to show a significant growth rate, registering a Compound Annual Growth Rate (CAGR) of 17.8%...
In 2016, International Maritime Organization (IMO) decided to strictly enforce use of bunker fuels with a sulphur content of 0.5% (mass by mass) from the...
Royal Dutch Shell are estimated to have over US$3bn in total abandonment and decommissioning expenditure (ABEX) in producing UK oil and gas developments, stacking above...
Following the announcement by Vestas Wind Systems A/S, on its first quarter 2019 results, Mohit Prasad, Power Analyst at GlobalData, a leading data and analytics company,...
Nigeria will contribute 46% of sub-Saharan Africa’s total crude production from planned and announced projects (greenfield projects) in 2025, according to GlobalData, a leading data...
Following the recent announcement by Siemens to spin-off its Power and Gas business, Harminder Singh, Director of Power at GlobalData, a leading data and analytics...
Asia Pacific (APAC) countries are adopting several strategies and roadmaps to achieve the renewable energy target designated by their nations. Countries such as India, Kazakhstan,...
Newmont Mining Corporation merged with Canada’s Goldcorp to form Newmont Goldcorp Corporation, the largest gold producer. With an estimated gold production at 8.4 million ounces...
In Q1 2019, the oil and gas industry reported 1242 contracts, of which 1178 were awarded contracts, according to GlobalData, a leading data and analytics...
Following the news that General Electric (GE) has abandoned the rights to supply and service its Halide 150-6MW turbines for two French offshore wind projects...
Russia will drive growth in Former Soviet Union’s (FSU) gas processing industry from planned and announced plants between 2019 and 2023, contributing around 6,531 mmcfd...
The US will drive growth in North America's gas processing industry from planned and announced plants between 2019 and 2023. The US is expected to...
Following the recent news that ConocoPhillips is to sell its remaining UK upstream assets to Chrysaor Holdings for US$2.675bn, Daniel Rogers, Upstream Oil & Gas...
Russia will drive growth in Former Soviet Union’s (FSU’s) planned and announced underground gas storage industry between 2019 and 2023, contributing around 91% of the...
Global caustic soda capacity is poised to see considerable growth over the next five years, potentially increasing from 93.71 million tonnes per annum (mtpa) in...
Moscow expects to reinforce its position as Europe’s largest natural gas supplier with Russia’s construction of two new pipelines. However, some Eastern European countries are...
Following the recent news that Chevron Corp (Chevron) will acquire Anadarko Petroleum Corp (Anadarko) for US$33 billion, Jonathan Markham, Upstream Oil & Gas Analyst at...
Following Saudi Aramco's bond debut and the release of their bond prospectus on April 1, 2019, Anna Belova, Senior Oil and Gas Analyst at GlobalData,...
The US will drive growth in North America’s new-build underground gas storage industry between 2019 and 2023, contributing around 95% of the working gas capacity...
Italy is expected to add around 249 billion cubic feet (bcf) of underground gas storage capacity between 2019 and 2023, from 14 planned and announced...
North America will be the major contributor to the growth of global liquefied natural gas (LNG) liquefaction capacity between 2019 and 2023, accounting for around...
Trinidad and Tobago is looking to attract exploration investment with a new offshore bid round. However, the introduction of a royalty imposed on investors may...
The global market for nuclear power steam generators is projected to grow marginally to reach $1.02bn in 2026, growing at a compound annual growth rate...
During 2018 Eagle Ford re-emerged as one of the lucrative destinations for oil and gas companies, according to GlobalData, a leading data and analytics company....
Asia is expected to be the major contributor to the growth of the global refinery fluid catalytic cracking units (FCCU) industry between 2019 and 2023,...
Asia, as the major contributor to the growth of the global refinery coking units industry, accounts for around 40% of the refinery coking unit’s capacity...
Following the latest forecast from the UK Oil and Gas Authority (OGA) for the UK’s offshore sector, Jonathan Markham, Senior Upstream Oil & Gas Analyst...
The Dutch government’s decision to completely phase out both coal power generation and Groningen gas field by 2030 is expected to result in a massive...
Political and economic instability may affect Lebanon’s second offshore licensing round, according to GlobalData, a leading data and analytics company. The company’s ‘Lebanon Upstream Fiscal...
Following the recent news that ExxonMobil Corp has discovered a significant gas field offshore Cyprus via the Glaucus-1 exploration well, Daniel Rogers, Upstream Oil &...
The Angolan government has introduced a series of reforms to the upstream sector over the past year in an attempt to mitigate the rapid decline...
Blockchain microgrids have become a pivotal theme in the rapidly developing energy sector and Amit Sharma, Power Analyst at GlobalData, a leading data and analytics company,...
Global zinc production is expected to grow at a compound annual growth rate (CAGR) of 3.8% between 2019 and 2022, to reach 15.7Mt in 2022,...
Successive changes to Romania’s regulatory framework governing the oil and gas sector have made for an uncertain investment climate, according to GlobalData, a leading data...