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Oil & Gas

Asia to account for 61% of global liquids storage capacity additions through 2026, forecasts GlobalData

Asia will continue to lead the global liquids storage capacity additions, contributing approximately 61% of the total global liquids storage capacity additions between 2022 and 2026, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest liquids storage industry report, ‘Liquids Storage Capacity and Capital Expenditure (CapEx) Forecast by Region, Countries and Companies including details […]
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China to continue to spreadhead global liquids storage capacity additions through 2026, says GlobalData

China is expected to lead the global liquids storage capacity additions, contributing close to 35% of the total global liquids storage capacity additions between 2022 and 2026, according to GlobalData, a leading data and analytics company. GlobalData’s latest liquids storage industry report, ‘Liquids Storage Capacity and Capital Expenditure (CapEx) Forecast by Region, Countries and Companies […]
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Asia to spearhead global refinery hydrocracking capacity additions by 2026, says GlobalData

Asia is expected to register the highest refinery hydrocracking capacity additions globally between 2022 and 2026, contributing approximately 52% of the total capacity additions by 2026, says GlobalData, a leading data, and analytics company. GlobalData’s latest report, ’Refinery Hydrocracking Units Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Units, 2021-2026’, reveals that […]
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China to lead global polyethylene capacity additions by 2026, forecasts GlobalData

China is expected to register the highest polyethylene capacity additions in Asia, contributing around 39% of the region’s capacity additions through 2026, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Polyethylene 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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Asia to account for 45% of global polyethylene capacity additions through 2026, forecasts GlobalData

Asia is expected to lead the global polyethylene capacity additions between 2021 and 2026 with a share of 45%, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Polyethylene Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active Plants, Planned and Announced Projects, 2021-2026’, […]
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Asia to dominate global xylene capacity additions with 85% share through 2026, reveals GlobalData

Asia is set to lead the global xylene industry capacity additions from new-build and expansion projects with a share of 85% between 2022 and 2026, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Xylene Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active Plants, […]
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China to account for 66% of Asia xylene capacity additions through 2026, forecasts GlobalData

China is expected to register the highest xylene capacity additions in Asia, contributing around 66% of the region’s capacity additions through 2026, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Xylene 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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China to account for 24% of upcoming crude oil refinery projects in Asia through 2026, reveals GlobalData

China is expected to commence operations of 44 crude oil refinery projects during 2022-2026, accounting for 24% of all crude oil refinery projects in Asia, driven by growing refining capacity to meet the rising demand for plastics and petroleum products, finds GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Crude Oil Refinery New-Build […]
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India expected to lead global upcoming trunk/transmission pipeline length additions by 2026, says GlobalData

India is expected to lead in terms of global trunk/transmission pipeline length additions for planned and announced projects, contributing around 20% of the global planned and announced pipeline additions by 2026, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Oil and Gas Pipelines Length and Capacity and Capital Expenditure (CapEx) Forecast […]
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Asia to continue to dominate global LNG regasification capacity additions through 2026, forecasts GlobalData

Asia is set to continue to dominate the global liquefied natural gas (LNG) regasification capacity additions, contributing around 75% of the total LNG liquefaction capacity additions between 2022 and 2026, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest regasification industry report, ‘LNG Regasification Terminals Capacity and Capital Expenditure (CapEx) Forecast by Region, Countries […]
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China to continue to spearhead global LNG liquefaction capacity additions through 2026, forecasts GlobalData

China is expected to lead the global liquefied natural gas (LNG) regasification capacity additions between 2022 and 2026, contributing 26% of the total LNG liquefaction capacity additions, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘LNG Regasification Terminals Capacity and Capital Expenditure (CapEx) Forecast by Region, Countries and Companies including details of […]
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Asia to lead global urea capacity additions by 2030, says GlobalData

Currently, Asia accounts for one-fourth of global urea capacity additions and is expected to have a capacity of 16.43 million tons per annum (mtpa) by 2030, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Urea Market Capacity and Capital Expenditure (CapEx) Forecast by Region, Top Countries and Companies, Feedstock, Key Planned and Announced Projects, 2022-2030,’ reveals […]
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Sanctions from Western countries have weakened the oil and gas construction pipeline in Russia and Eastern Europe, says GlobalData

The sanctions placed on Russia as a result of the Russia-Ukraine conflict has led to a $75.0 billion decline from the previous quarter in the Eastern Europe oil and gas project pipeline as restricted access to intermediate goods and international capital have halted the construction of numerous oil and gas projects, says GlobalData, a leading […]
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US continues to spearhead global LNG liquefaction capacity additions through 2026, says GlobalData

The US is expected to lead the global LNG liquefaction capacity additions, contributing 57% of the total LNG liquefaction capacity additions between 2022 and 2026, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘LNG Liquefaction Terminals Capacity and Capital Expenditure (CapEx) Forecast by Region, Countries and Companies including details of New Build […]
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Australia steps up investments and decarbonizing policies to meet 2050 net zero emissions, observes GlobalData

In a bid to meet its target of zero emissions by 2050, Australia has come up with decarbonizing actions ranging from adopting electric vehicles to developing ethanol facilities to support the chemical industry, encouraging renewable refineries for the growth of biofuels. Furthermore, the country plans to increase its carbon capture and storage projects and develop […]
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