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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 […]
Number of global oil and gas contracts declined in Q2 2022, says GlobalData
The overall number of contracts in the oil and gas industry fell by 16% in the second quarter of 2022, according to GlobalData. However, the leading data and analytics company notes that contract value stayed level. GlobalData’s latest report, ‘Oil and Gas Industry Contracts Analytics by Sector (Upstream, Midstream and Downstream), Region, Planned and Awarded […]
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’, […]
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 […]
Asia to lead the global caustic soda capacity additions through 2026, says GlobalData
Asia is set to lead the global caustic soda industry capacity additions by 2026 with a share of 67%, driven by new-build and expansion projects, 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 […]
Surging global oil and gas demand to boost subsea production, predicts GlobalData
Subsea technology has been witnessing a substantial growth lately. Rising global oil and gas demand and supply disruption from the Russia-Ukraine conflict have propelled the oil prices to over $100 in 2022. With regions such as Europe looking to replace Russian imports with alternative sources, it can spur the development of relatively high capex oil […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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’, […]
North America to lead the global trunk/transmission pipeline length by 2026, says GlobalData
North America will account for the bulk of the global trunk/transmission oil & gas pipeline length, contributing around 44% by 2026, says GlobalData, a leading data, and analytics company. GlobalData’s latest report, ‘Oil and Gas Pipelines Length and Capacity and Capital Expenditure (CapEx) Forecast by Region, Countries and Companies including details of New Build and […]
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, […]
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 […]
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 […]
India to account for nearly half of upcoming crude oil refinery projects in Asia through 2026, reveals GlobalData
India is set to dominate the Asian new-build and expansion refinery projects between 2022 to 2026, as the country is expected to account for 47% of the upcoming crude oil refinery projects starts in the region, driven by economic growth and rising consumption of oil, reveals GlobalData, a leading data and analytics company. GlobalData’s latest […]
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 […]
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 […]