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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 […]
India to dominate upcoming crude oil refinery projects in Asia through 2027, reveals GlobalData
India is set to dominate the new build and expansion refinery projects in Asia, accounting for 45% of the upcoming crude oil refinery projects starts in the region between 2023 and 2027, fueled by rising demand for petroleum products, reveals GlobalData, a leading data and analytics company. GlobalData’s latest report, “Crude Oil Refinery Projects Analysis […]
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 […]
North America to lead global ammonia capacity additions by 2030, says GlobalData
North America is set to lead the global ammonia industry capacity additions with a share of 37% by 2030 by gaining capacity from new-build and expansion projects between 2023 and 2030, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, “Ammonia Capacity And Capital Expenditure Outlook By Region, Countries, Companies, Feedstock, Projects […]
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 […]
Asia to lead global vinyl chloride monomer capacity additions by 2027, says GlobalData
Asia is set to lead the global vinyl chloride monomer (VCM) industry capacity additions with a share of 84% 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, ‘Vinyl Chloride Monomer (VCM) Industry Installed Capacity and Capital Expenditure […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
US ambitious oil extraction plans will scupper global climate goals, says GlobalData
The ambitious oil extraction plans of the US have come under scrutiny as the country is projected to release five times more carbon dioxide than the allocated 1.5°C carbon budget. Despite President Joe Biden’s focus on climate action, the approval of projects like the Willow oil drilling in Alaska and the continued development of new […]
North America to drive global small-scale LNG liquefaction capacity additions through 2027, says GlobalData
North America is expected to witness the highest small-scale LNG liquefaction capacity additions globally during 2023-2027, contributing about 32% of the total global small-scale LNG liquefaction capacity additions by 2027, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, “Small-Scale LNG Liquefaction Capacity and Capital Expenditure (CapEx) Forecast by Region, Key Countries, Companies […]
Asia to lead global butadiene capacity additions by 2027, says GlobalData
Asia is set to lead the global butadiene industry capacity additions with a share of 65% 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, ‘Butadiene Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries […]
China to lead LNG regasification pipeline capacity additions in Asia by 2027, says GlobalData
China is set to dominate the liquefied natural gas (LNG) regasification capacity additions in Asia, contributing around 34% of the region’s capacity additions by 2027, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘LNG Regasification Terminals Capacity and Capital Expenditure (CapEx) Forecast by Region, Key Countries, Companies and Projects (New Build, […]
Asia to lead global ethylene glycol capacity additions by 2027, says GlobalData
Asia is set to lead the global ethylene glycol industry capacity additions with a share of 77% 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, ‘Ethylene Glycol Industry Capacity and Capital Expenditure (CapEx) Forecast by Region and […]