GlobalData
GlobalData

Oil & Gas

Impact of COVID-19 forces pipeline operators in the US to continue adopting conservative strategies, says GlobalData

The COVID-19 pandemic has significantly impacted the US pipeline sector and operators are left with little choice than to adopt strategies to save cash. As a result, several pipeline companies in the country continue to delay or stall pipeline projects or reduce capital expenditure. In hindsight, pipeline operators are also analyzing the impact of COVID-19 […]
Read more

Canadian pipeline sector continues to adopt conservative strategies due to prolonged economic uncertainty, says GlobalData

The COVID-19 pandemic has disrupted the oil and gas sector leading to a sharp fall in fuel prices coupled with an over-abundant supply of oil and gas. Pipeline operators in Canada have been forced to reduce their capital expenditure (capex) for the year 2020. Despite capex prioritization to conserve cash, Canadian pipeline operators might still look to analyze the current market conditions […]
Read more

Chrysaor-Premier merger a win-win amid market challenges for both private equity backed and indebted listed E&P players, says GlobalData

Following the announcement that Chrysaor Holdings and Premier Oil have proposed to merge businesses; Daniel Rogers, oil and gas analyst at GlobalData, a leading data and analytics company, offers his view on the announcement: “With Premier Oil carrying a US$2bn debt load, and private equity players unable to execute high-value exit strategies through IPOs or […]
Read more

Demand for US LNG is likely to remain depressed in the near future

Global economic slowdown has led to reduced demand for LNG produced in the US. As a result, LNG exports from the country are likely to remain low in the near future, says GlobalData, a leading data and analytics company. Haseeb Ahmed, Oil and Gas Analyst at GlobalData, comments: “Significantly low prices of gas along with an LNG supply glut has pushed companies to revisit their capex spends on upcoming multi-billion-dollar gas projects. In March 2020, Royal Dutch Shell exited the proposed Lake Charles LNG export project in Louisiana. […]
Read more

Propylene demand likely to rebound amid improving macro-economic environment, says GlobalData

The COVID-19 pandemic has created economic disruption leading to downfall in demand for petrochemical products, including propylene and its derivatives. Companies have responded either by lowering operating rates or closing production units, in response to a low-demand environment. They should consider a wider range of scenarios and factors such as pace of global economic recovery and propylene market conditions that are likely to aid decision-making […]
Read more

North America to lead global small-scale LNG liquefaction capacity additions through 2024, says GlobalData

North America is expected to witness the highest global small-scale liquefied natural gas (LNG) liquefaction capacity additions in the world, expected to contribute around 37% of the global additions by 2024, says GlobalData, a leading data and analytics company. The company’s report, ‘Global Small-Scale LNG Liquefaction Capacity and Capital Expenditure Outlook, 2020–2024 – North America leads Globally on Capacity Additions and Capital Expenditure Outlook’, reveals that North America is likely to witness total small-scale LNG liquefaction […]
Read more
1 … 24 25 26 27 28 … 39