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GlobalData
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Oil & Gas

Carbon emissions reduction requires rigorous compliance to net zero strategies, says GlobalData

The carbon-intensive oil and gas industry is undergoing massive disruption with more countries and companies trying to implement net zero emissions by 2050. However, tackling emissions and supporting low-carbon industries will require a combination of well-designed regulation and increased investment in decarbonization, according to GlobalData, a leading data and analytics company. Greenhouse gas (GHG) emissions […]
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Biofuel production gaining traction for energy transition, says GlobalData

Renewable fuels are biofuels that are produced using advanced biomass such as wastes from agriculture, forestry, food processing, and non-edible crops. These are rapidly gaining popularity among refiners globally due to their potential role in the global energy transition, when compared with petroleum fuels. Hence, biofuels such as renewable diesel and sustainable aviation fuel (SAF) […]
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China to dominate methylene diphenyl diisocyanate capacity additions in Asia by 2027, forecasts GlobalData

China is set to register the highest methylene diphenyl diisocyanate (MDI) capacity additions in Asia, contributing about 80% of the region’s capacity additions by 2027, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, “Methylene Diphenyl Diisocyanate (MDI) Industry Capacity and Capital Expenditure with Details of All Active and Planned Plants,” reveals that […]
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Asia to lead global methylene diphenyl diisocyanate capacity additions by 2027, says GlobalData

Asia is set to lead the global methylene diphenyl diisocyanate (MDI) industry capacity additions with a share of 74% by 2027, by gaining capacities from new-build and expansion projects between 2023 and 2027, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Methylene Diphenyl Diisocyanate (MDI) Industry Capacity And Capital Expenditure With […]
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North America to dominate global renewable refinery capacity additions through 2027, says GlobalData

Globally, the consumption of renewable fuels is increasing amid growing environmental concerns about the usage of fossil fuels and government policies supporting renewable fuels. As a result, global renewable refinery capacity additions are growing rapidly, with North America set to witness the highest capacity additions among all the regions, forecasts GlobalData, a leading data and […]
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Asia to lead global refinery hydrocracking capacity additions by 2027, says GlobalData

Asia is expected to witness the highest refinery hydrocracking unit capacity additions globally between 2023 and 2027, contributing about 55% of the total global capacity additions by 2027, says GlobalData, a leading data, and analytics company. GlobalData’s latest report, “Refinery Hydrocracking Units Capacity And Capital Expenditure (CapEx) Forecast By Region And Countries With Details Of […]
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Asia will continue to dominate global refinery coking capacity additions through 2027, says GlobalData

Asia is set to witness the highest refinery coking capacity additions among all regions during 2023 and 2027, contributing about 50% of the total global capacity additions by 2027, says GlobalData, a leading data, and analytics company. GlobalData’s latest report, ‘Refinery Coking Units Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including Details […]
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North America will continue to dominate global LNG liquefaction capacity additions through 2027, says GlobalData

North America will continue to dominate the global liquefied natural gas (LNG) liquefaction capacity additions, contributing about 59% of the total capacity additions between 2023 and 2027, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘LNG Liquefaction Terminals Capacity and Capital Expenditure (CapEx) Forecast by Region, Key Countries, Companies and Projects […]
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US will continue to lead global LNG liquefaction capacity additions through 2027, says GlobalData

The US is set to continue to lead global liquefied natural gas (LNG) liquefaction capacity additions, contributing 46% of the total LNG liquefaction capacity additions between 2023 and 2027, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, “LNG Liquefaction Terminals Capacity and Capital Expenditure (CapEx) Forecast by Region, Key Countries, Companies […]
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Oil and gas industry overall contract value up by 60% QoQ during Q2 2023, reveals GlobalData

The overall oil and gas industry’s disclosed contract value witnessed a significant quarter-on-quarter (QoQ) increase of 60% in Q2 2023, mainly driven by a mega contract for Qatar’s North Field South (NFS) LNG project, reveals GlobalData, a leading data and analytics company. GlobalData’s latest report, “Oil and Gas Industry Contracts Analytics by Sector (Upstream, Midstream […]
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Asia to lead global purified terephthalic acid capacity additions by 2027, says GlobalData

Asia is set to lead the global purified terephthalic acid (PTA) industry capacity additions with a share of 89% by 2027, by gaining capacities from new-build and expansion projects between 2023 and 2027, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Purified Terephthalic Acid (PTA) Industry Installed Capacity and Capital Expenditure […]
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Asia to lead global propylene capacity additions by 2027, says GlobalData

Asia is set to lead the global propylene industry capacity additions with a share of 68.8% by 2027, by gaining capacities from new-build and expansion projects between 2023 and 2027, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Propylene Industry Installed Capacity and Capital Expenditure (CapEx) Market Forecast by Region and […]
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Iran to dominate upcoming oil and gas transmission pipeline additions in Middle East by 2027, says GlobalData

Iran is expected to dominate the Middle East’s oil and gas trunk/transmission pipeline length additions from upcoming projects between 2023 and 2027, accounting for around 38% of the region’s total planned and announced pipeline additions by 2027, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Oil and Gas Pipelines Length and […]
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Low-carbon hydrogen critical for net-zero transition, says GlobalData

Oil companies are looking for avenues to move towards operations with net-zero emissions. Low-carbon hydrogen – with a low to zero net carbon footprint – presents an attractive avenue for industry players in their energy transition, says GlobalData, a leading data and analytics company. GlobalData’s latest thematic report, ‘Hydrogen in Oil and Gas,’  reveals that, […]
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Asia to lead global polyethylene terephthalate capacity additions by 2027, says GlobalData

Asia is set to lead the global polyethylene terephthalate (PET) industry capacity additions with a share of 61.8% by 2027, by gaining capacities from new-build and expansion projects between 2023 and 2027, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Polyethylene Terephthalate (PET) Industry Installed Capacity and Capital Expenditure (CapEx) Forecasts […]
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Asia continues to dominate global refinery FCCU capacity additions by 2027, says GlobalData

Asia is expected to witness the highest refinery fluid catalytic cracking units (FCCU) capacity additions globally during 2023-2027, contributing approximately 58% of the total capacity additions by 2027, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Refinery Fluid Catalytic Cracking Units (FCCU) Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries […]
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