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GlobalData
GlobalData

Oil & Gas

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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India to lead Asia’s liquids storage projects count through 2026, says GlobalData

India is expected to drive the liquids storage projects count in Asia, contributing about 40% of the region’s total liquids storage projects count during 2022 to 2026, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Liquids Storage New-Build and Expansion Projects Analytics and Forecast by Project Type, Regions, Countries and Development […]
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China to lead Asia’s refinery CDU capacity additions through 2026, says GlobalData

China is expected to lead Asia’s refinery crude distillation unit (CDU) capacity additions, contributing about 48% of the regions’ total CDU capacity additions between 2022 and 2026, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Refining Industry Market Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All […]
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Asia continues to drive global refinery CDU capacity additions through 2026, says GlobalData

Asia is expected to witness the highest crude distillation unit (CDU) capacity additions globally contributing about 47% of the total CDU capacity additions by 2026, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘Refining Industry Market Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active […]
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Leading oil and gas companies are tapping into digital technologies to improve productivity and profitability, says GlobalData

Digitalization, which involves the adoption of digital technologies such as artificial intelligence (AI), big data, cloud computing, cybersecurity, the Internet of Things (IoT), and robotics in day-to-day oil and gas operations, is enabling the industry to improve productivity and profitability by streamlining operations and cutting costs, says GlobalData, a leading data and analytics company. According […]
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Asia to lead global small-scale LNG liquefaction capacity additions through 2026, finds GlobalData

Asia is expected to witness the highest small-scale LNG liquefaction capacity additions globally during 2022 to 2026, contributing about 27% of the total global small-scale LNG liquefaction capacity additions by 2026, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Small-Scale LNG Liquefaction Capacity and Capital Expenditure (CapEx) Forecast by Region, Countries and Companies […]
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M&A deal activity in the oil and gas industry declined by 41% in terms of value in Q1 2022 compared to Q4 2021, says GlobalData

Mergers and acquisitions (M&A) deal activity in the oil and gas industry witnessed a decline in terms of value in Q1 2022, despite favorable production economics, according to GlobalData. The leading data and analytics company notes that the decline was observed across most regions except China in the Asia-Pacific (APAC) region, where the deal value […]
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China to drive Asia’s small-scale LNG liquefaction capacity additions through 2026, says GlobalData

China is expected to dominate Asia’s small-scale LNG liquefaction capacity additions, contributing about 99% of the capacity additions between 2022 and 2026, says GlobalData, a leading data and analytics company. GlobalData’s report ‘Small-Scale LNG Liquefaction Capacity and Capital Expenditure (CapEx) Forecast by Region, Countries and Companies including details of New Build and Expansion (Announcements and […]
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The US to witness the highest liquefaction projects starts in North America by 2026 due to Russia-Ukraine conflict, says GlobalData

The US is set to drive North America’s upcoming liquefied natural gas (LNG) liquefaction projects count by 2026, contributing around 68% of the total project starts during 2022 to 2026, says GlobalData, a leading data and analytics company. As a result of Russia’s invasion of Ukraine, upcoming LNG exports projects in the US have received […]
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China to lead global ethylene capacity additions through 2030, forecasts GlobalData

China is expected to register the highest ethylene capacity additions in Asia contributing about 61% share of the region’s capacity additions by 2030, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Ethylene Market Capacity and Capital Expenditure (CapEx) Forecast by Region, Top Countries and Companies, Feedstock, Key Planned and Announced Projects, 2021-2030’ reveals […]
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