Oil & Gas

Trinidad and Tobago to dominate natural gas production from upcoming projects in Americas in 2025, says GlobalData

Trinidad and Tobago is expected to contribute around 25% or 820 million cubic feet per day (mmcfd) of the Americas natural gas production in 2025 from planned and announced projects (new build projects, excluding the US L48), according to GlobalData, a leading data and analytics company. The company’s report, ‘Americas Oil and Gas Upstream Development […]

Oil & Gas

US to continue providing natural gas to Mexico and leading North America’s LNG exports, says GlobalData

Natural gas production in the US and Canada is expected to see 12% growth by 2025 from 2021 levels. Mexico, on the other hand, is forecasted to suffer a decline in domestic natural gas production by as much as 28% from 2021 to 2025, according to GlobalData. The leading data and analytics company notes that […]

Oil & Gas

India to drive Asia refinery hydrocracking unit capacity additions by 2025, says GlobalData

India is expected to contribute about 30% of the total refinery hydrotreater capacity additions in Asia between 2021 to 2025, the second highest in the region after China, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Global Refinery Hydrocracking Units Outlook to 2025 – Capacity and Capital Expenditure Outlook with Details of All […]

Oil & Gas

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 […]

Oil & Gas

Blue hydrogen to account for 85% of low-carbon hydrogen capacity in North America by 2030, says GlobalData

Hydrogen markets are taking off around the world, and GlobalData expects low-carbon hydrogen production in North America to nearly triple by 2030, reaching 1.4 million tons per annum (mtpa). The leading data and analytics company notes that North America’s transition has been driven by blue hydrogen, which is expected to make up 85% of low-carbon […]

Oil & Gas

Global cooperation essential to address gas flaring, according to GlobalData

The growing public awareness about global warming and climate change have catapulted world leaders to address the gas flaring issue. Global platforms such as the UN are encouraging countries to set themselves targets to reduce and subsequently eliminate gas flaring from oil and gas operations. Industry consortiums such as IPIECA and OGCI are designing framework […]

Oil & Gas

Middle East to spearhead global refinery condensate splitter capacity additions by 2025, says GlobalData

The Middle East is expected to register the highest refinery condensate splitter capacity additions globally between 2021 and 2025, contributing more than half of the total capacity additions by 2025, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Global Refinery Condensate Splitter Units Outlook to 2025’, reveals that the Middle East is likely […]

Oil & Gas

Argentina introduces gas plan too late and forces purchase of LNG at record high prices, says GlobalData

Argentina’s Plan Gas IV, which aimed to incentivize natural gas production in the country, was introduced too late, according to GlobalData. The data and analytics company notes that the plan’s delays have meant production has not ramped up enough to get the country through the winter, and it will be forced to rely on importing […]

Oil & Gas

India to lead refinery hydrotreater capacity additions in Asia through 2025, says GlobalData

India is expected to register the second highest refinery hydrotreater capacity additions in Asia between 2021 and 2025, contributing about 35% of the total capacity additions through 2025, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Global Refinery Hydrotreater Units Outlook to 2025 – Capacity and Capital Expenditure Outlook with Details of All […]

Oil & Gas

Global oil and gas contracts activity in Q2 2021 declined by 7%

Oil and gas contract activity declined following the relatively stable activity in Q1 2021, with the industry recording a seven percent decrease in the number of contracts and a significant decrease in disclosed contract value in Q2 2021, according to GlobalData, a leading data and analytics company. The latest report by GlobalData, ‘Q2 2021 Global […]

Oil & Gas

China to spearhead Asia refinery hydrotreater capacity additions by 2025, says GlobalData

China is expected to register the highest refinery hydrotreater capacity additions in Asia between 2021 and 2025, contributing about 50% of the total capacity additions by 2025, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Global Refinery Hydrotreater Units Outlook to 2025 – Capacity and Capital Expenditure Outlook with Details of All Operating […]

Oil & Gas

Blockchain technology could be instrumental in cutting down oil and gas operational costs, says GlobalData

In light of the prevailing uncertainty in global energy demand, there is a heightened focus on cost reduction across all functions in the oil and gas industry. Leading players are seeking to simplify transaction processing using blockchain to boost operational efficiency and minimize compliance issues, says GlobalData, a leading data and analytics company. According to […]

Oil & Gas

Asia to spearhead global refinery alkylation capacity additions by 2025, says GlobalData

Asia is expected to register the highest refinery alkylation capacity additions globally between 2021 and 2025, contributing about 61% of the total capacity additions by 2025, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Global Refinery Alkylation Units Outlook to 2025 – Capacity and Capital Expenditure Outlook with Details of All Operating and […]

Oil & Gas

Brazil leads global offshore crude and condensate production from upcoming projects in 2025

Brazil alone is expected to contribute around 23% or 1.3 million barrels per day (mmbd) of global crude oil and condensate production in 2025 from key offshore planned and announced projects (new-build projects) that are expected to start operations between 2021 to 2025, according to GlobalData, a leading data and analytics company. The company’s report, […]

Oil & Gas

Oil and gas companies are failing to capitalize on MSGBC Basin’s huge gas discoveries, says GlobalData

Two major gas discoveries have been made in the MSGBC Basin; however, oil and gas companies so far have failed to capitalise on these significant resources, and it could be quite some time until we see an intention to develop them, says GlobalData, a leading data and analytics company. One reason for the lack of […]

Oil & Gas

Offshore acreage dominates global licensing rounds that are due to close in H2 2021, says GlobalData

Over 35% of the acreage available in licensing rounds that are either open or scheduled to close in H2 2021 are located in shallow water, while ultra-deep water and deepwater acreage accounts for 24% and 19%, respectively, according to GlobalData, a leading data and analytics company. The company’s report, ‘H2 2021 Global Bid Round Outlook […]

Oil & Gas

Sub-Saharan Africa’s oil production aspirations could be scuppered by lack of investment and new projects, says GlobalData

Sub-Saharan African nations are keen to rebound and ramp up investment in the oil and gas sector after a difficult 2020. However, the largest producers in the region – Nigeria and Angola – are forecast to see declining crude oil and condensate production from 2021, and have a relatively small number of projects coming online […]

Oil & Gas

Aggressive oil exploration needed in Colombia to avoid high imported gas prices and fracking, says GlobalData

Colombia needs to pursue a much more aggressive oil exploration strategy in order to avoid highly contested fracking activities or an increase in gas prices as a result of importing, according to GlobalData. The leading data and analytics company notes that the country has seen no large discoveries in the last five years, and its […]

Oil & Gas

Southeast Asia to increasingly rely on LNG imports through 2030, says GlobalData

Despite being a net exporter of liquefied natural gas (LNG), Southeast Asia is set to increasingly rely on imported LNG through 2030 to meet the growing demand and support the waning domestic supplies, says GlobalData, a leading data and analytics company. Southeast Asia represents a key growth region for natural gas over the next decade […]

Oil & Gas

US shale producers remain disciplined with production and capital guidance despite high oil prices, says GlobalData

The speed at which new rigs are put to new developments is considerably less than in previous price cycles. Most US shale producers are being conservative in their production and capital guidance, as priorities remain around protecting balance sheets and generating free cash flow. For many operators, this has led to a drawdown of drilled […]

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Oil & Gas

Trinidad and Tobago to dominate natural gas production from upcoming projects in Americas in 2025, says GlobalData

US to continue providing natural gas to Mexico and leading North America’s LNG exports, says GlobalData

India to drive Asia refinery hydrocracking unit capacity additions by 2025, says GlobalData

India to make significant contribution to refinery VDU capacity additions in Asia by 2025, says GlobalData

Blue hydrogen to account for 85% of low-carbon hydrogen capacity in North America by 2030, says GlobalData

Global cooperation essential to address gas flaring, according to GlobalData

Middle East to spearhead global refinery condensate splitter capacity additions by 2025, says GlobalData

Argentina introduces gas plan too late and forces purchase of LNG at record high prices, says GlobalData

India to lead refinery hydrotreater capacity additions in Asia through 2025, says GlobalData

Global oil and gas contracts activity in Q2 2021 declined by 7%

China to spearhead Asia refinery hydrotreater capacity additions by 2025, says GlobalData

Blockchain technology could be instrumental in cutting down oil and gas operational costs, says GlobalData

Asia to spearhead global refinery alkylation capacity additions by 2025, says GlobalData

Brazil leads global offshore crude and condensate production from upcoming projects in 2025

Oil and gas companies are failing to capitalize on MSGBC Basin’s huge gas discoveries, says GlobalData

Offshore acreage dominates global licensing rounds that are due to close in H2 2021, says GlobalData

Sub-Saharan Africa’s oil production aspirations could be scuppered by lack of investment and new projects, says GlobalData

Aggressive oil exploration needed in Colombia to avoid high imported gas prices and fracking, says GlobalData

Southeast Asia to increasingly rely on LNG imports through 2030, says GlobalData

US shale producers remain disciplined with production and capital guidance despite high oil prices, says GlobalData

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