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GlobalData
GlobalData

Oil & Gas

Norwegian tax relief proposal could double near-term industry post-tax cash flow, says GlobalData

The temporary tax relief proposal announced by the Norwegian Government, and designed to ensure near-term investment in the country, could double industry post-tax cash flow in 2020 and 2021, which would increase company liquidity in the short term, according to leading data and analytics company GlobalData, a leading data and analytics company. GlobalData’s report, ‘COVID-19 […]
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China dominates Asia’s refinery CDU capacity additions by 2024, says GlobalData

China is expected to dominate Asia’s refinery crude distillation unit (CDU) capacity additions, contributing about 80% of the regions’ total CDU capacity additions between 2020 and 2024, says GlobalData, a leading data and analytics company. The company’s report, ‘Global Capacity and Capital Expenditure Outlook for Refineries, 2020−2024 – Asia Dominates Global Refinery CDU Capacity and […]
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Asia to spearhead global refinery CDU capacity additions through 2024, forecasts GlobalData

Asia is expected to have the highest crude distillation unit (CDU) capacity additions, contributing about 42% of the global CDU capacity additions by 2024, says GlobalData, a leading data, and analytics company. The company’s report, ‘Global Capacity and Capital Expenditure Outlook for Refineries, 2020−2024 – Asia Dominates Global Refinery CDU Capacity and Capex Outlook’, reveals […]
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APAC refinery sector in prolonged battle with COVID-19, says GlobalData

Nation-wide lockdowns across the Asia-Pacific (APAC) region to curtail the spread of COVID-19 has resulted in a steep decline in the demand for transportation fuel. This has resulted in  piling up of stocks and higher  inventory costs, which have forced refiners to look for alternative strategies to reduce their losses. Capping production capacities, slashing capital […]
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North American integrated oil & gas operators with highly diversified portfolios have better chances to navigate COVID-19 crisis, says GlobalData

A combination of asset type and geographical diversification can determine the impact COVID-19 has on North American oil and gas companies. Other characteristics such as debt-to-equity ratio, cashflow sensitivity to price changes and announced capex cuts play their part, but companies that are limited geographically have more difficulty in re-adjusting plans, says GlobalData, a leading […]
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Asia to lead global new-build trunk/transmission pipeline additions by 2024, says GlobalData

Asia will drive the global new-build trunk/transmission pipeline additions with a contribution of about 36% of the oil and gas pipeline length additions by 2024, says GlobalData, a leading data, and analytics company. GlobalData’s latest report, ‘Global Length and Capital Expenditure Outlook for Oil and Gas Pipelines, 2020−2024: Asia Leads Global Pipeline Growth’, reveals that […]
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India to dominate Asia’s new-build trunk pipeline length additions by 2023, says GlobalData

India is expected to lead Asia’s oil and gas new-build trunk/pipeline length additions, contributing around 59% of Asia’s planned and announced pipeline length additions between 2020 and 2024, says GlobalData, a leading data and analytics company. GlobalData’s latest report,‘Global Length and Capital Expenditure Outlook for Oil and Gas Pipelines, 2020−2024: Asia Leads Global Pipeline Growth’, […]
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