More than 4.6 trillion cubic feet of natural gas were flared globally in 2019. The potential value of this flared gas could be as high as USD 24 billion, if priced at the European gas […]
Following the expected cuts in capital expenditure (capex) for shale operators in the Bakken due to demand shock from the coronavirus (COVID-19) and supply shock from the Russia-Saudi price war. Adrian Lara, Oil and Gas […]
Russia is expected to lead the refining industry capacity growth in the Former Soviet Union (FSU) from active and upcoming (planned and announced) projects, accounting for 56% of the total capacity growth between 2019 and […]
Major international oil companies (IOCs) are increasingly emphasising the significance of climate change to their corporate strategy, according to data and analytics company GlobalData. Daniel Rogers, Upstream Analyst at GlobalData, comments, “The ever-increasing relevance of […]
From a starting point of approximately 1.2 billion cubic feet per day (bcfd) of export capacity in 2016, the US will become the third most important liquid natural gas (LNG) exporting country with a total […]
Europe has expanded its offshore leadership by adding 3.6 gigawatt (GW) of new commissioned capacity in 2019, bringing the total offshore wind installed capacity at the end of 2019 to above 22 GW, according to […]
The upstream sector accounted for the bulk of mergers and acquisitions (M&A) in the global oil and gas industry in 2019, generating some high-value transactions during the process. The acquisition of Anadarko Petroleum by Occidental […]
JinkoSolar has emerged as the leading company in terms of global solar photovoltaic (PV) module shipments in 2019. The company also secured top position in GlobalData’s 2018 ranking produced last year. JinkoSolar topped the 2019 […]
Deal activity in 2019 has largely revolved around the need to improve company finances and reduce debt. It drove multinational oil and gas companies, such as ExxonMobil, ConocoPhillips, and Chevron, to review their global operations […]
The Arctic continental shelf is estimated to hold vast deposits of hydrocarbons and rare earth minerals. Russian and Norwegian exploration and production (E&P) operators have been expanding their operations in the Arctic region. Warming temperatures […]
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