Total oil and gas industry M&A deals in Q2 2020 worth USD 23.95 billion were announced globally, according to GlobalData’s deals database. The value marked an increase of 114.2% over the previous quarter and a […]
Cloud computing allows oil and gas companies to scale their data management and storage, driving greater flexibility in infrastructure costs. The high computing power delivered via cloud platforms supports the adoption of other technologies such […]
Between 2019 and 2030, the share of hydropower in several major countries is estimated to continue falling. But globally, the decline is estimated to be less significant during this period, mostly due to the large-scale […]
The UK upstream oil and gas sector has become leaner and more resilient over recent years, as pullbacks in investment and reduced operating costs has helped provide a stronger cash flow outlook under newly weakened […]
The Middle East is a key producer and supplier of polyolefins to demand-rich markets, specifically Asia. The region’s polyolefin exports account for around one-third of global polyolefin trade. However, the COVID-19 pandemic has resulted in […]
China and India are expected to dominate Asia’s liquefied natural gas (LNG) regasification capacity additions, contributing nearly 60% of the regions’ total regasification capacity additions between 2020 and 2024, says GlobalData, a data and analytics […]
Subsea technology has drastically improved in the last two decades in terms of functionality and reliability, with notable strides made in areas such as subsea processing, subsea storage, subsea-to-shore and power distribution. This has enabled […]
The temporary tax relief proposal announced by the Norwegian Government, and designed to ensure near-term investment in the country, could double industry post-tax cash flow in 2020 and 2021, which would increase company liquidity in […]
Asia is expected to have the highest crude distillation unit (CDU) capacity additions, contributing about 42% of the global CDU capacity additions by 2024, says GlobalData, a data, and analytics company. The company’s report, “Global […]
North America is expected to be the frontrunner in global LNG liquefaction capacity growth through new-build (planned and announced) and expansion projects during the outlook period 2020 to 2024. The region is likely to contribute […]
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