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Oil & Gas

Russia, China lead global small-scale LNG liquefaction capacity additions by 2025, says GlobalData

Russia and China are expected to lead the global small-scale LNG liquefaction capacity additions, together contributing 43% of the total small-scale liquefaction capacity additions between 2021 and 2025, says GlobalData, a leading data and analytics company. GlobalData’s report,  Global Small-Scale LNG Liquefaction Capacity and Capital Expenditure Outlook, 2021–2025 – Russia and China Lead Global Capacity […]
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Carbon capture and storage playing field is dominated by oil giants with no room for smaller operators, says GlobalData

The oil and gas playing field will become increasingly difficult for small and medium sized producers, as the world is pushing towards energy transition. Smaller operators will need government intervention to incentivise carbon capture to promote investments, because these companies will have to expend relatively more resources to lower their emissions as compared to oil […]
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Equinor on track to see over 650,000boed of its oil and gas production base powered from shore by 2025, says GlobalData

As a leader of upstream oil and gas field electrification, Equinor is involved in both active and upcoming electrification projects across the Norwegian Continental Shelf. Successful commencement of its total project pipeline could see the company electrifying over 35% of its total oil and gas production base by 2025 through power from shore, according to […]
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China to account for 49% of Asia’s refinery CDU capacity additions by 2025, forecasts GlobalData

China is expected to lead Asia’s refinery crude distillation unit (CDU) capacity additions, contributing about 49% of the regions’ total CDU capacity additions between 2021 and 2025, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Global Capacity and Capital Expenditure Outlook for Refineries, 2021–2025 – China Leads Global Refinery CDU Capacity Additions’, reveals […]
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Asia continues to drive global refinery CDU capacity additions by 2025, says GlobalData

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 2025, says GlobalData, a leading data, and analytics company. GlobalData’s report, ‘Global Capacity and Capital Expenditure Outlook for Refineries, 2021–2025 – China Leads Global Refinery CDU Capacity Additions’, reveals that […]
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Commercial development of gas hydrates likely to remain limited due to the emergence of renewables, says GlobalData

Gas hydrate is likely to remain underexplored due to the emergence of commercially viable alternatives, especially renewables. The hydrate molecule is highly sensitive to temperature and pressure variations, which makes gas hydrate extraction a very challenging endeavor, says GlobalData, a leading data and analytics company. Various countries around the word have undertaken research programs for […]
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Petrobras must play its part to invest in other less capital-intensive sustainability efforts to reduce emission, says GlobalData

Despite a global effort in energy transition, Petrobras has expressed no interest to pivot into renewable energy due to lack of expertise. As a leader in Brazil, it must play its part to invest in other less capital-intensive sustainability efforts to reduce emission, says GlobalData, a leading data and analytics company. The company laid out […]
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Petrochemicals dominate upcoming project starts across oil and gas value chain in China by 2025, says GlobalData

China is expected to witness 512 petrochemical projects to commence operations during the period 2021-2025, accounting for 76% of the total project starts across the country’s oil and gas value chain. In petrochemicals, new build projects dominate the project starts with more than 90% while the rest are expansion projects, according to GlobalData, a leading […]
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