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GlobalData
GlobalData

Oil & Gas

India to lead Asia’s transmission pipelines projects through 2026, finds GlobalData

India is likely to remain as one of the major countries to drive Asia’s new-build trunk/transmission pipeline additions, contributing about 37% of the region’s oil and gas pipelines projects count by 2026, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘New Build Trunk-Transmission Pipelines Projects Analytics and Forecast by Project Type, Regions, […]
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Major oil and gas companies suspending their operations in Russia could disrupt progress of key Russian projects, finds GlobalData

Major oil and gas companies have either suspended their operations in Russia or decided to exit the country amid the Russia-Ukraine crisis, according to GlobalData. The leading data and analytics company notes that this will leave significant technological voids that could be hard for other Russian companies to fill. Russia’s oil and gas sector depends […]
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US forecasted to dominate North America’s gas processing capacity additions by 2026, says GlobalData

The US is expected to lead North America’s planned and announced gas processing capacity additions between 2022 and 2026, contributing around 65% of the region’s total gas processing additions by 2026, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Global Capacity and Capital Expenditure Outlook for Gas Processing Plants, 2022–2026’ reveals that the […]
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China to account more than half of Asia’s liquids storage capacity growth through 2026, finds GlobalData

China is expected to dominate the liquids storage capacity growth in Asia, contributing about 53% of the total capacity growth between 2022–26. The country is likely to add 54.5 million cubic meters (mmcm) of liquids storage capacity by 2026, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Liquids Storage Industry Capacity and Capital […]
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Predictive maintenance is becoming more crucial for oil and gas operations due to its ability to prevent costly maintenance repairs, says GlobalData

Predictive maintenance tools will become more widespread across critical infrastructure in the oil and gas industry over the next decade, says GlobalData. The leading data and analytics company notes that predictive maintenance tools offer oil and gas companies operational and financial fluidity through the use of technology. According to GlobalData’s report, ‘Predictive Maintenance in Oil […]
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GlobalData forecasts Asia to dominate global refinery CDU capacity additions through 2026

Asia is expected to witness the highest crude distillation unit (CDU) capacity additions globally, contributing about 48% of the total global CDU capacity additions by 2026, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, “Refineries Capacity and Capital Expenditure Outlook, 2022-2026”, reveals that Asia is likely to witness a total CDU capacity addition […]
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China continues to drive Asia’s refinery CDU capacity additions through 2026, observes GlobalData

China is expected to dominate Asia’s refinery crude distillation unit (CDU) capacity additions, contributing about half of the regions’ total CDU capacity additions between 2022 and 2026, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Global Capacity and Capital Expenditure Outlook for Refineries, 2022–2026’ reveals that China is expected to witness a total […]
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Leading international oil companies are skipping blue hydrogen, with 87% of the pipeline capacity coming from green projects, says GlobalData

Leading international oil companies (IOCs) are restructuring their businesses to adopt new energy transition technologies such as low carbon hydrogen to become integrated energy providers, says GlobalData. The leading data and analytics company notes that, as interest in hydrogen increases, top integrated oil companies have so far announced projects to produce over 2.9 million tonnes […]
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