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Oil & Gas

Asia to dominate global vinyl chloride monomer capacity additions in 2026, forecasts GlobalData

Asia will lead the global vinyl chloride monomer (VCM) industry capacity additions accounting for a share of 66% in 2026, by gaining capacity from new-build and expansion projects between 2022 and 2026, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report ‘Vinyl Chloride Monomer (VCM) Industry Installed Capacity and Capital Expenditure (CapEx) Forecast […]
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UK to account for 29% of Europe working gas capacity additions through 2026, forecasts GlobalData

The UK is expected to lead the Europe’s planned and announced working gas capacity additions in underground gas storage sites, contributing approximately 29% of the total Europe capacity additions by 2026, according to GlobalData, a leading data, and analytics company. GlobalData’s report, “Underground Gas Storage Capacity and Capital Expenditure (CapEx) Forecast by Region, Countries and […]
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China to lead purified terephthalic acid capacity additions in Asia in 2026, forecasts GlobalData

China will lead the purified terephthalic acid (PTA) capacity additions in Asia, accounting for about 69% of the region’s capacity additions in 2026, estimates GlobalData, a leading data and analytics company. GlobalData’s latest report, “Purified Terephthalic Acid (PTA) Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active […]
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Asia to dominate global purified terephthalic acid (PTA) capacity additions through 2026, forecasts GlobalData

Asia will lead the global purified terephthalic acid (PTA) industry capacity additions between 2022 and 2026 with a share of 77%, driven by new-build and expansion projects, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report ‘Purified Terephthalic Acid (PTA) Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including […]
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Power companies on track for energy transition but must not neglect full ESG responsibilities, says GlobalData

Power companies will face increasing pressure to respond to both social and governance issues while navigating their way through the energy transition process in the following decade, according to GlobalData, a leading data and analytics company. A focus on ‘E’ in ‘ESG’: 40% global power to come from renewables by 2030 GlobalData’s latest report, ‘ESG […]
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Asia to lead global ammonia capacity additions through 2030, says GlobalData

Asia is expected to lead the global ammonia industry capacity growth from new-build and expansion projects by 2030 with a share of 20%, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘Ammonia Market Capacity and Capital Expenditure (CapEx) Market Forecast by Region, Top Countries and Companies, Feedstock, Key Planned and Announced Projects, 2022-2030’, […]
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China to account for more than quarter of caustic soda capacity additions in Asia by 2026, forecasts GlobalData

China will register the highest caustic soda capacity additions in Asia, contributing about 41% of the region’s capacity additions by 2026, estimates GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Caustic Soda Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active Plants, Planned and Announced […]
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Middle East dominates the global expandable polystyrene capacity additions by 2026, says GlobalData

With a share of 85% between 2022 and 2026, the Middle East is expected to lead the global expandable polystyrene industry capacity additions from new-build and expansion projects by 2026, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Expandable Polystyrene (EPS) Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region […]
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Asia to spearhead global refinery FCCU capacity additions between 2022 and 2026, says GlobalData

Asia is expected to register the highest refinery Fluid Catalytic Cracking Units (FCCU) capacity additions globally between  2022 and 2026, accounting for approximately 48% of the total capacity additions by 2026, says GlobalData, a leading data, and analytics company. GlobalData’s report, ’Refinery Fluid Catalytic Cracking Units (FCCU) Capacity and Capital Expenditure (CapEx) Forecast by Region […]
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Asia to spearhead global refinery hydrotreater capacity additions between 2022 and 2026, says GlobalData

Asia is expected to register the highest refinery hydrotreater capacity additions globally between 2022 and 2026, accounting for approximately 39% of the total capacity additions by 2026, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ’Refinery Hydrotreater Units Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Units, 2022-2026’, […]
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Denmark leads global upcoming hydrogen pipeline length additions by 2026, says GlobalData

For planned and announced hydrogen pipeline projects between 2022 and 2026, Denmark is expected to lead in terms of global length additions, contributing around 35% of the total global hydrogen pipeline additions in this period, finds GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Hydrogen Pipelines Length and Capital Expenditure (CapEx) Forecast by Region, Countries […]
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Nord Stream re-opening not enough to dissuade investment in non-Russia assets, with Permian Basin a good candidate for investment, says GlobalData

Following the news that Russia has re-opened its Nord Stream Pipeline, but only at 40%; Bhargavi Gandham, Oil & Gas Analyst at GlobalData, a leading data and analytics company, comments: “Despite the Nord Stream Pipeline’s re-opening, the 40% capacity limitations are still not enough to support Europe’s needs, and oil and gas companies are still […]
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Africa, Asia will account for 61% of global refinery VDU capacity additions through 2026, forecasts GlobalData

Africa and Asia are set to drive the global refinery vacuum distillation unit (VDU) capacity additions globally during 2022-2026, contributing around 61% of the total capacity additions, forecasts GlobalData, a leading data, and analytics company. GlobalData’s latest report, ‘Refinery Vacuum Distillation Units (VDU) Capacity and Capital Expenditure Outlook with Details of All Operating and Planned […]
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