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India is set to register the highest polyvinyl chloride capacity additions in Asia, contributing about 49% of the region’s capacity additions by 2027, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Polyvinyl Chloride Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active Plants, […]
Asia will dominate global LNG regasification capacity additions through 2027, says GlobalData
Asia will continue to dominate the global liquefied natural gas (LNG) regasification capacity additions, contributing about 70% of the total capacity additions between 2023 and 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 […]
Asia to lead global ethylene capacity additions by 2027, says GlobalData
Asia is expected to lead the global ethylene industry capacity additions with a share of 54.8% 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, ‘Ethylene Industry Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries Including […]
Machine learning has potential to transform oil and gas industry, says GlobalData
Machine learning is a rapidly growing field in the oil and gas industry. It can be used to analyze seismic data, well logs, and other geologic data to identify potential oil and gas reservoirs. Machine learning algorithms are also capable of analyzing production data and identifying patterns that can be used to improve well performance. […]
India to dominate upcoming trunk/transmission pipeline length additions in Asia by 2027, says GlobalData
India is set to dominate the trunk/transmission pipeline length additions for planned and announced projects in Asia between 2023 and 2027, contributing around 46% 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 Capital Expenditure […]
Asia to lead global polyvinyl chloride capacity additions by 2027, says GlobalData
Asia is set to lead the global polyvinyl chloride industry capacity additions with a share of 70% 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, ‘Polyvinyl Chloride Industry Capacity and Capital Expenditure (CapEx) Forecast by Region and […]
Oil and gas industry overall contract value plunges by 48% in Q1 2023, reveals GlobalData
With rising inflation and an increasing capital cost borrowing environment posing challenges for upcoming oil and gas projects, the overall oil and gas industry’s disclosed contract value saw a significant quarter-on-quarter (QoQ) decrease of 48% in Q1 2023, reveals GlobalData, a leading data and analytics company. GlobalData’s latest report, “Oil and Gas Industry Contracts Analytics […]
China will continue to lead midstream project starts in Asia through 2027, says GlobalData
China is likely to witness the start of operations of 89 midstream oil and gas projects from 2023 to 2027, accounting for 22% of the total upcoming midstream project starts in Asia by 2027, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Oil and Gas Midstream New Build and Expansion Projects Analysis […]
Geopolitics and energy transition are the most pressing themes for oil and gas industry in 2023, says GlobalData
Geopolitics has become a pivotal macroeconomic theme for the oil and gas industry ever since the start of the Ukraine conflict. The fallout of this conflict is also critically impacting the supply chain theme as newer alliances are being forged. Nevertheless, oil and gas companies will continue to pursue newer industry themes that support the […]
India to lead midstream oil and gas project starts in Asia, with 129 projects planned during 2023-2027, forecasts GlobalData
India is likely to witness the start of operations of 129 midstream oil and gas projects from 2023 to 2027, accounting for 32% of the total upcoming midstream project starts in Asia by 2027, says GlobalData, a leading data, and analytics company. GlobalData’s latest report, “Oil and Gas Midstream New Build and Expansion Projects Analysis […]
Iran to dominate methanol capacity additions in Middle East through 2027, forecasts GlobalData
Iran is set to register the highest methanol capacity additions in the Middle East, contributing about 94% of the region’s capacity additions by 2027, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Methanol Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries Including Details of All Active Plants, Planned […]
Asia will lead global polypropylene capacity additions by 2027, says GlobalData
Asia is set to lead the global polypropylene industry capacity additions accounting for a share of 72% by 2027, with the addition of capacities from new-build and expansion projects between 2023 and 2027, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Polypropylene Industry Capacity and Capital Expenditure (CapEx) Forecast by Region and […]
Asia will lead global midstream project starts during 2023–2027, finds GlobalData
Asia is set to witness the start of operations of 402 midstream oil and gas projects, accounting for 31% of global upcoming midstream oil and gas projects starts during 2023 and 2027, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Oil and Gas Midstream New Build and Expansion Projects Analysis by Type, […]
Asia will be key contributor to global methanol capacity additions through 2027, says GlobalData
Asia will be a key contributor to global methanol industry capacity additions with a share of 26.7% by 2027, as the region gains capacities from new-build projects between 2023 and 2027, says GlobalData, a leading data and analytics company. GlobalData’s latest report ‘Methanol Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries […]
India to dominate caustic soda capacity additions in Asia by 2027, forecasts GlobalData
India is set to register the highest caustic soda capacity additions in Asia, contributing about 39% of the region’s capacity additions by 2027, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Caustic Soda Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active Plants, Planned […]
Asia to lead global caustic soda capacity additions by 2027, says GlobalData
Asia is set to lead the global caustic soda industry capacity additions with a share of 62% by 2027, by gaining capacities from new-build and expansion projects between 2023 and 2027, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Caustic Soda Industry Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries […]
Trunk pipelines to dominate upcoming midstream project starts in US during 2023–2027, finds GlobalData
The trunk/transmission pipeline segment is set to dominate upcoming midstream oil and gas projects in the US, accounting for about 46% of the project starts between 2023 and 2027, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘North America Oil and Gas Projects Analytics and Forecast by Project Type, Sector, Countries, Development Stage, […]
India will be second biggest contributor to upcoming petrochemical project starts in Asia through 2027, says GlobalData
India is set to be the second biggest contributor to the total upcoming petrochemical project starts in Asia, as the country is likely to see the start of operations of 279 petrochemical projects from 2023 to 2027, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Petrochemicals New Build and Expansion Projects Analysis […]
Oil and gas leaders target to become competitive in renewable energy space, says GlobalData
Oil and gas companies held little over 1% of the total installed renewable energy capacity globally in 2022, in a market that is dominated by traditional power producers. Renewable power generation across the world is expected to grow at a compound annual growth rate (CAGR) of 6.9% between 2022 and 2030, while the share of […]
Oil and gas industry overall contract value increased in 2022, reveals GlobalData
The roller coaster ride during the COVID-19 pandemic appears to be coming to an end, with contract activity returning to normal for the global oil and gas industry, despite the ongoing Russia-Ukraine conflict and volatility in crude oil prices. As a result, the oil and gas industry witnessed a year-on-year increase of 3% in overall […]