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Oil & Gas

China to dominate polyethylene capacity additions in Asia through 2027, forecasts GlobalData

China is set to register the highest polyethylene capacity additions in Asia, contributing about 41% of the region’s capacity additions by 2027, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Polyethylene Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active Plants, Planned and Anunced […]
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Asia to account for over half of global refinery CDU capacity additions by 2027, says GlobalData

Asia is set to witness the highest crude distillation unit (CDU) capacity additions globally, contributing about 52% of the total global CDU capacity additions by 2027, says GlobalData, a leading data and analytics company. GlobalData’s report, “Refineries Capacity and Capital Expenditure (CapEx) Forecast by Region, Countries and Companies including details of New Build and Expansion […]
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Hydrogen market growth to surge in 2023 despite slowing global economy, says GlobalData

Hydrogen development, given its application across various industries, is indispensable to attain energy transition, meet decarbonization goals, and position leading companies as market experts. In 2022, green hydrogen production capacity reached over 109 kilo tons per annum (ktpa) worldwide, representing 44% growth compared to 2021, says GlobalData, a leading data and analytics company. GlobalData’s recent […]
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Petrochemical projects to dominate oil and gas projects set to start operations in Saudi Arabia between 2023 and 2027, finds GlobalData

Petrochemical projects will constitute the majority of the upcoming oil and gas projects that are expected to commence operations in Saudi Arabia during the period 2023 to 2027, accounting for around 61% of the total projects, says GlobalData, a leading data, and analytics company. GlobalData’s report, “Middle East Oil and Gas Projects Analytics and Forecast […]
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US to dominate ammonia capacity additions in North America through 2027, forecasts GlobalData

The US is set to register the highest ammonia capacity additions in North America, contributing about 84% of the region’s capacity additions by 2027, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Ammonia Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active Plants, Planned […]
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Shell leads global long-term LNG contracted capacity signed among purchasing companies in 2022, finds GlobalData

Royal Dutch Shell (Shell) dominated the global long-term LNG import contract volumes signed by key purchasing companies in 2022, with a contracted capacity of 6.7 million tonnes per annum (mtpa), according to GlobalData, a leading data and analytics company. GlobalData’s report, “Long-Term LNG Contracts Review Analytics by Region, Contracts and Companies, 2022,” reveals that the […]
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North America set to lead global renewable refinery capacity additions through 2026, forecasts GlobalData

Renewable refinery fuels/drop-in fuels are gaining importance globally as they are relatively environmentally friendly when compared to crude oil-based refined fuels. As a result, renewable refinery capacity additions are gaining momentum with North America set to witness the highest capacity additions among all the regions, forecasts GlobalData, a leading data, and analytics company. GlobalData report, […]
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China to dominate acrylonitrile capacity additions in Asia through 2026, forecasts GlobalData

China is set to register the highest acrylonitrile capacity additions in Asia contributing about 90% of the region’s capacity additions by 2026, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Acrylonitrile Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active Plants, Planned and Announced […]
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Carbon capture and storage will be instrumental in reducing global carbon emissions, says GlobalData

Carbon capture and storage (CCS) is an emission mitigation technology that will play a critical role in limiting global warming and will be instrumental in decarbonizing hard-to-replace industries, such as gas-fired power plants, says GlobalData. However, the leading data and analytics company notes that despite CCS supplementing renewable energy, hydrogen, and nuclear power in curbing global carbon […]
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India to lead butadiene capacity additions in Asia through 2026, forecasts GlobalData

India is set to register the highest butadiene capacity additions in Asia contributing about 44% of the region’s capacity additions by 2026, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Butadiene Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active Plants, Planned and Announced […]
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India to dominate ethylene glycol capacity additions in Asia through 2026, forecasts GlobalData

India is set to register the highest ethylene glycol (EG) capacity additions in Asia, contributing about 38% of the region’s capacity additions by 2026, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Ethylene Glycol (EG) Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active […]
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