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Oil & Gas

Indonesia to commence 27 midstream projects in Asia through 2025, says GlobalData

Indonesia is likely to start the operations of 27 midstream oil and gas projects between 2021 and 2025, mainly in transmission pipelines and liquids storage segments, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Global Midstream New Build and Expansion Projects Outlook, 2021-2025 – Transmission Pipelines Dominate Global Midstream Project Starts’, […]
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Green hydrogen production to drive Latin America and the Caribbean’s green energy agenda with effective policy intervention, says GlobalData

The Latin America and the Caribbean (LAC) region is well positioned to participate in the burgeoning hydrogen market, which will play an important role in the coming decades in the global transition to greener energy, according to GlobaData, a leading data and analytics company. GlobalData’s latest report, ‘Latin America and the Caribbean Hydrogen Market’, notes […]
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Brazil to lead crude and condensate production from upcoming projects in Americas in 2025

Brazil is expected to contribute about 48% or 1,350 thousand barrels per day (mbd) of Americas crude and condensate production in 2025 from planned and announced projects (new build projects, excluding the US L48), according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Americas Upstream Development Outlook, 2021–2025’, reveals that 1,164 mbd […]
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Russia, China and Turkey to account for more than half of global working gas capacity additions by 2025, says GlobalData

Russia, China, and Turkey are expected to lead global working gas capacity additions, collectively contributing 54% of the total working gas capacity additions from planned and announced projects between 2021 and 2025, says GlobalData, a leading data and analytics company. The company’s report, ‘Global Capacity and Capital Expenditure Outlook for Underground Gas Storage to 2025’, […]
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Venezuela’s heavy oil project reserves will be left stranded as international players divest their interest, says GlobalData

Two international oil and gas players in Venezuela, TotalEnergies and Equinor, recently divested their respective 30.32% and 9.67% interest in the largest project, Petrocedeno, to the state-owned Petróleos de Venezuela S.A (PDVSA) company. According to GlobalData, this means that due to high risks and the unstable deteriorating economy in the country, international players no longer […]
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India to make significant contribution to refinery VDU capacity additions in Asia by 2025, says GlobalData

India is expected to register the second highest refinery vacuum distillation unit (VDU) capacity additions in Asia between 2021 and 2025 after China, contributing about 26% of the total capacity additions, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Global Refinery Vacuum Distillation Units (VDU) Outlook to 2025 – Capacity and Capital Expenditure […]
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