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The Agência Nacional do Petróleo, Gás Natural e Biocombustíveis (ANP), Brazil’s national agency for petroleum, plans to increase the diversity of upstream oil and gas operators present in Brazil as a result of three licensing rounds organized in fall 2019, continuing a strategy that is expected to boost oil production by 1 million barrels per […]
Kuwait Petroleum Corp to lead global refinery crude distillation unit capacity additions by 2023
Kuwait Petroleum Corp is expected to lead new-build crude distillation unit (CDU) capacity additions in the global refinery industry from planned and announced (new-build) projects between 2019 and 2023, contributing around 5% to global CDU capacity growth by 2023, according to GlobalData, a leading data and analytics company. The company’s report, ‘H2 2019 Global Capacity […]
India set to lead global SBR capacity additions by 2023, says GlobalData
India is set to drive capacity growth in the global styrene-butadiene-rubber (SBR) industry from planned and announced plants between 2019 and 2023, contributing around 29% of the global growth by 2023, says GlobalData, a leading data and analytics company. The company’s report, ‘Global Styrene-Butadiene-Rubber (SBR) Industry Outlook to 2023 – Capacity and Capital Expenditure Forecasts […]
Dangote Industries to lead global ammonia capacity growth between 2019 and 2030
Dangote Industries is expected to deploy four planned plants by 2030, the highest among all the operators globally, according to GlobalData, a leading data and analytics company. The company’s report, ‘Global Ammonia Capacity and Capital Expenditure Outlook, 2019 – Asia and the Middle East to Lead Globally in Terms of Ammonia Capacity Additions’ reveals that […]
US to contribute 40% of global new-build small-scale LNG liquefaction capacity additions by 2023
The US will drive new-build, small-scale liquefied natural gas (LNG) liquefaction capacity additions globally from planned and announced (new-build) projects between 2019 and 2023, contributing around 40% capacity growth by 2023, according to GlobalData, a leading data and analytics company. The company’s report, ‘Global Small-Scale LNG Liquefaction Capacity and Capital Expenditure Outlook – The US […]
Iraq set to contribute 38% of Middle East’s crude distillation units capacity growth by 2023
Iraq is set to drive crude distillation units (CDUs) capacity growth in the Middle East from planned and announced (new-build) projects between 2019 and 2023, contributing around 38% of the total growth, according to GlobalData, a leading data and analytics company. The company’s report, ‘Refining Industry Outlook in Middle East to 2023 – Capacity and […]
China Petrochemical likely to add 9% of new-build liquids storage global capacity growth by 2023, says GlobalData
China Petrochemical Corp is expected to lead new-build liquids storage capacity additions in the global liquids storage industry from planned and announced (new-build) projects between 2019 and 2023. The company will contribute around 9% to the global liquids storage capacity growth by 2023, according to GlobalData, a leading data and analytics company. The company’s report, […]
Fortress Investment Group to lead global small-scale LNG liquefaction capacity additions by 2023
Fortress Investment Group is expected to lead capacity additions from planned and announced (new-build) projects in the global small-scale liquefied natural gas (LNG) liquefaction industry between 2019 and 2023, contributing around 25% of global small-scale LNG liquefaction capacity growth by 2023, according to GlobalData, a leading data and analytics company. The company’s report, ‘Global Small-Scale […]
Saudi oil outage may test US abilities as swing producer
Following the September 14 attacks on oil infrastructure in Saudi Arabia, Will Scargill, Managing Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the effect this will have on the global oil market: “If the Saudi supply outage is sustained, we may well see a test of how […]
Expanded East-West Pipeline will provide limited protection for Saudi Arabia
Expanding the East-West Pipeline’s crude oil capacity to 6.5 million barrels per day (mmbd) will provide Saudi Arabia with an infrastructural improvement, but it will not help the country to completely stave off risks associated with the Strait of Hormuz’s closure or limited accessibility, says GlobalData, a leading data and analytics company. Alessandro Bacci, Oil […]
Drones becoming integral to oil and gas operations as companies target efficiency gains
Unmanned aerial vehicles (UAVs), or drones, are becoming integral to the oil and gas industry due to their increasing usability across the value chain to drive operational efficiency, according to GlobalData, a leading data and analytics company. The company’s latest thematic report, ‘Drones in Oil & Gas – Thematic Research’, states that drone adoption in […]
Asia set to drive global new-build liquids storage capacity with 43% share by 2023, says GlobalData
Asia expects to drive capacity growth in the global liquids storage industry from planned and announced (new-build) projects by contributing around 43% of the global new-build liquids storage terminals’ capacity during the outlook period 2019 to 2023, says GlobalData, a leading data and analytics company. The company’s report, ‘H2 2019 Global Capacity and Capital Expenditure […]
Wearable tech poised to increase workforce safety and productivity in oil and gas operations
Oil and gas companies are evaluating the possibilities of deploying wearable devices in day-to-day operations to improve safety and effiency in oilfield operations, says GlobalData, a leading data and analytics company. Initial research is focused on enabling real-time monitoring of field technicians to ensure their safety and in providing them with audiovisual assistance to perform […]
Asia leads global refinery crude distillation unit capacity additions with 36% of new-build capacity growth by 2023, says GlobalData
Asia is expected to drive new-build crude distillation unit (CDU) capacity growth in the global refinery industry from planned and announced (new-build) projects between 2019 and 2023, contributing around 36% of global CDU capacity growth by 2023, according to GlobalData, a leading data and analytics company. The company’s report, ‘H2 2019 Global Capacity and Capital […]
China set to lead global ethylbenzene capacity additions by 2023, says GlobalData
China is set to drive capacity growth in the global ethylbenzene industry from planned and announced plants between 2019 and 2023, contributing around 59% of global growth by 2023, says GlobalData, a leading data and analytics company. The company’s report, ‘Global Ethylbenzene Industry Outlook to 2023 – Capacity and Capital Expenditure Forecasts with Details of […]
China set to contribute 34% of Asia and Oceania’s crude distillation units’ capacity growth by 2023, says GlobalData
China is expected to drive capacity growth of 34% in Asia and Oceania’s refinery crude distillation units (CDUs) from planned and announced (new-build) projects between 2019 and 2023, according to GlobalData, a leading data and analytics company. The company’s report, ‘Refining Industry Outlook in Asia and Oceania to 2023 – Capacity and Capital Expenditure Outlook […]
North America to drive global LNG liquefaction industry contributing 73% of new-build capacity growth by 2023
North America is expected to drive capacity growth in the global liquefied natural gas (LNG) liquefaction industry from planned and announced (new-build) projects between 2019 and 2023, contributing around 73% of global growth by 2023, according to GlobalData, a leading data and analytics company. The company’s report, ‘Global LNG Liquefaction Industry Outlook to 2023 – […]
Nigeria to drive global refinery CDU industry contributing 13% of new-build capacity growth by 2023
Nigeria is expected to drive new-build crude distillation unit (CDU) capacity growth in the global refinery industry from planned and announced (new-build) projects during the outlook period 2019 to 2023, contributing around 13% of global CDU capacity growth by 2023, according to GlobalData, a leading data and analytics company. The company’s report, ‘H2 2019 Global […]
India to drive global ammonia industry growth between 2019 and 2030, says GlobalData
India is set to drive the global ammonia industry growth from planned and announced plants between 2019 and 2030, contributing around 20% of the total ammonia capacity additions, according to GlobalData, a leading data and analytics company. The company’s report, ‘Global Ammonia Capacity and Capital Expenditure Outlook, 2019 – Asia and the Middle East to […]
Bakken shale production growth will be constrained by flaring restrictions and infrastructure bottlenecks
There is considerable potential to raise the crude oil production in the Bakken shale play from the current level of approximately 1.44 million barrels of oil per day (mmbd) to at least 2 mmbd. However, flaring regulations and infrastructure bottlenecks in North Dakota are limiting production growth, according to GlobalData, a leading data and analytics […]