Oil & Gas

US petrochemical industry forced to rethink investment decisions amid COVID-19 pandemic, says GlobalData

The COVID-19 outbreak and crude oil price crash have pushed petrochemical companies in the US to announce project delays. With major complexes such as Shell Beaver County Complex and Formosa St. James Parish Complex having already been affected, prevailing uncertainties and economic slowdown due to the outbreak could push companies to make more such announcements […]

Oil & Gas

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 […]

Oil & Gas

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 […]

Oil & Gas

US LNG exports decline but show flexibility during current cycle, says GlobalData

Following the continued cancellation of US LNG cargos; Adrian Lara, Senior Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the current events: “One of the reasons why the US is experiencing a high number of cargo cancellations has to do with the flexibility embedded in the selling […]

Oil & Gas

Most COVID-19 impacted midsize US oil operators have primarily liquid-rich operations, says GlobalData

Oil operators have been struggling since oil prices plummeted in March. Many are not able to adjust as quickly as needed and have nothing left to do but to keep shutting in mature wells, idle rigs and stop drilling new wells. As per analysis by GlobalData, the most impacted US midsize producers have primarily liquid-rich […]

Oil & Gas

Chinese NOCs worst hit in Asia under current global market volatility, says GlobalData

The upstream businesses of the national oil companies (NOCs) in China are the most affected amongst the Asian NOCs’ peer group when assessed against the short-term impact of COVID-19 and the weakened oil prices, says GlobalData, a leading data and analytics company. Cao Chai, Oil and Gas Analyst at GlobalData, comments: “The China National Petroleum […]

Oil & Gas

North America to contribute 75% of global LNG liquefaction capacity additions by 2024, says GlobalData

North America is expected to be the frontrunner in global LNG liquefaction capacity growth through new-build (planned and announced) and expansion projects during the outlook period 2020 to 2024. The region is likely to contribute about 75% of the total growth across the globe by 2024, according to GlobalData, a leading data and analytics company. […]

Oil & Gas

North American oil & gas pipeline sector continues working out strategies against weak economy and COVID-19, says GlobalData

Weak economic outlook coupled with the impact of COVID-19 has hit the oil and gas industry in general, and the North American pipeline sector is no exception. Pipeline operators ae responding to the to the crisis by stalling or delaying the progress of major upcoming pipeline projects in the region, says GlobalData, a leading data […]

Oil & Gas

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 […]

Oil & Gas

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’, […]

Oil & Gas

London-listed oil and gas independents’ hedging strategies will help navigate 2020 turmoil

London-listed independent oil and gas companies such as Tullow Oil, Cairn Energy, Premier Oil, EnQuest and Genel Energy will continue to face hurdles in sourcing adequate financing for new developments and exploration activity as weak oil and gas prices dent their upstream businesses, according to GlobalData, a leading data and analytics company. Dwindling returns for […]

Oil & Gas

China and India to lead global polypropylene capacity additions by 2024, says GlobalData

The global polypropylene capacity is poised to see considerable growth over the next four years, potentially increasing from 83.44 million tonnes per annum (mtpa) in 2019 to 132.49 mtpa in 2024, registering a total growth of 59%, led by Asia and the Middle East. In Asia, China and India are poised to potentially lead the […]

Oil & Gas

European refinery sector continues to grapple with weak demand and COVID-19

The market for transportation fuel has been nearly wiped out due to the nationwide lockdowns imposed across the continent since March 2020. With inventories piling up rapidly, European refiners are faced with challenges such as increased inventory costs and the deterioration of fuel products such as gasoline and jet fuel over long storage duration. Sudden […]

Oil & Gas

China to lead global LNG regasification capacity additions from new-build projects with 25% share by 2024, says GlobalData

China is expected to lead with 25% capacity share in the global liquefied natural gas (LNG) regasification industry from new-build (planned and announced) projects between 2020 and 2024, says GlobalData, a leading data and analytics company. GlobalData’s report ‘Global LNG Industry Outlook to 2024 – Capacity and Capital Expenditure Outlook with Details of All Operating […]

Oil & Gas

Lowering oil & gas price assumptions an important lever towards cleaner investment for BP post-COVID-19, says GlobalData

Following BP’s announcement that it is revising long term price assumptions as part of its strategy development; Will Scargill, Managing Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the company’s latest steps: “BP’s decision to revise downwards its long-term oil and gas price assumptions is an important […]

Oil & Gas

Bakken producers desperate to shut in wells until crude oil price recovers

Bakken production is expected to fall through 2020, however it will remain above 1million barrels of oil equivalent per day (mmboed) at the end of this year, according to GlobalData a leading data and analytics company. Rig count has declined steeply since early 2020 and was further aggravated by the economic slowdown due to COVID-19, […]

Oil & Gas

China and US lead new-build capacity growth in global LNG regasification and liquefaction sectors, says GlobalData

China and the US and are expected to lead the capacity growth in the global LNG liquefaction and regasification sectors from planned and announced (new-build) projects between 2020 and 2024, says GlobalData, a leading data and analytics company. GlobalData’s report,‘Global LNG Industry Outlook to 2024 – Capacity and Capital Expenditure Outlook with Details of All […]

Oil & Gas

North American LNG sector continues to struggle against weak economic outlook and COVID-19 outbreak

Reduced demand due to economic slowdown, coupled with the COVID-19 outbreak, has led to cancellations of long-term liquefied natural gas (LNG) supply contracts and cargo deferments by importing counties. This has led to low utilisation of liquefaction capacity, primarily in the US – one of the key suppliers of the super-chilled gas globally. Furthermore, the […]

Oil & Gas

MENA LNG companies likely to put off upcoming projects due to economic slowdown, says GlobalData

Reduced demand due to economic slowdown in the Middle East and Africa (MENA) region, fueled by the COVID-19 outbreak, has led to long-term liquefied natural gas (LNG) supply contract cancellations and cargo deferments by importing countries. This has resulted in low liquefaction capacity utilization. The cascading impact of global LNG supply overhang coupled with reduced […]

Oil & Gas

Oil and gas companies are gravitating towards sustainability practices, says GlobalData

Oil and gas companies are facing increasing scrutiny for their carbon intensive operations. With the passing of the 2015 United Nations Climate Change Framework, the demand for the oil and gas industry to curb its carbon emissions is becoming even stronger. Companies that implement concrete measures to reduce their environmental impact are best placed to […]

Prev 1 … 27 28 29 30 31 … 39 Next

Oil & Gas

US petrochemical industry forced to rethink investment decisions amid COVID-19 pandemic, says GlobalData

APAC refinery sector in prolonged battle with COVID-19, says GlobalData

North American integrated oil & gas operators with highly diversified portfolios have better chances to navigate COVID-19 crisis, says GlobalData

US LNG exports decline but show flexibility during current cycle, says GlobalData

Most COVID-19 impacted midsize US oil operators have primarily liquid-rich operations, says GlobalData

Chinese NOCs worst hit in Asia under current global market volatility, says GlobalData

North America to contribute 75% of global LNG liquefaction capacity additions by 2024, says GlobalData

North American oil & gas pipeline sector continues working out strategies against weak economy and COVID-19, says GlobalData

Asia to lead global new-build trunk/transmission pipeline additions by 2024, says GlobalData

India to dominate Asia’s new-build trunk pipeline length additions by 2023, says GlobalData

London-listed oil and gas independents’ hedging strategies will help navigate 2020 turmoil

China and India to lead global polypropylene capacity additions by 2024, says GlobalData

European refinery sector continues to grapple with weak demand and COVID-19

China to lead global LNG regasification capacity additions from new-build projects with 25% share by 2024, says GlobalData

Lowering oil & gas price assumptions an important lever towards cleaner investment for BP post-COVID-19, says GlobalData

Bakken producers desperate to shut in wells until crude oil price recovers

China and US lead new-build capacity growth in global LNG regasification and liquefaction sectors, says GlobalData

North American LNG sector continues to struggle against weak economic outlook and COVID-19 outbreak

MENA LNG companies likely to put off upcoming projects due to economic slowdown, says GlobalData

Oil and gas companies are gravitating towards sustainability practices, says GlobalData

Browse

Company information