China is expected to lead the Asia and Oceania’s refinery capacity growth, contributing around 71% of the region’s total capacity growth by 2024. China is likely to add 2.6 million barrels per day (mmbd) of […]
While the adoption of augmented reality (AR) in the oil and gas industry is in the introductory phase, this evolving technology has the potential to disrupt the traditional operational functions in the sector over the […]
The Permian Basin, the largest oil producing region in the US, has been impacted the most by the COVID-19 pandemic. Since March 2020, several producing wells in the region have shut down and there has […]
BP will need to commit to significant investments in the renewable energy and liquefied natural gas (LNG) space in order to meet its 2030 target of 50 GW in renewables capacity and 30 MPTA in […]
The global oil and gas pipeline sector has been facing several headwinds in the form of a fall in oil and gas prices, demand destruction, and a weak global economic outlook on the back of […]
Aramco has faced a tough time in 2020 so far. Just months after its long-awaited IPO in December 2019, the impacts of COVID-19 on the company are clear to see. Aramco has been forced to […]
North America is expected to witness the highest global small-scale liquefied natural gas (LNG) liquefaction capacity additions in the world, expected to contribute around 37% of the global additions by 2024, says GlobalData, a data […]
Mergers and acquisitions (M&A) activity across the oil and gas sector reached USD 224.4 billion in deal value in 2019, reflecting growths of 29% and 159% compared to 2018 and 2017, respectively. The main themes […]
The global markets for transmission and distribution conductors are forecast to grow at a compound annual growth rate (CAGR) of 1% and 3.6%, respectively, between 2020 and 2024. The US, China, and India will propel […]
The South American oil and gas pipelines sector has been impacted by weak demand and low oil and gas prices as a result of COVID-19. The worsening financial situation is leading to delays in the […]
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