GlobalData
Asset management gaining relevance in oil, gas operations
In view of the increasing competition and narrowing margins among oil and gas companies, asset management is obtaining greater relevance in enhancing operational efficiencies, according to GlobalData. Read more
GlobalData: Trump sanctions halt German-Russian gas pipeline project
Denmark has greenlit the Nord Stream 2 project, a joint German-Russian pipeline aimed at transporting Russian gas directly to Germany under the Baltic Sea. Read more
GlobalData: Global oil & gas industry deals total $37.6bn in December 2019
Total oil & gas industry deals for December 2019 worth $37.6bn were announced globally. Read more
GlobalData: US oil & gas industry M&A deals total $11.22bn in December 2019
Total oil & gas industry M&A deals in December 2019 worth $11.22bn were announced in the US. Read more
GlobalData: Russian and Norwegian companies to drive oil and gas industry in the Arctic
The Arctic continental shelf is estimated to hold vast deposits of hydrocarbons and rare earth minerals. Read more
GlobalData: ExxonMobil to lead global ethylene capacity additions by 2030
ExxonMobil is expected to lead global planned and announced ethylene capacity additions between 2019 and 2030, contributing around 5% of the global growth by 2030. Read more
GlobalData: North America incurs highest crude oil refinery maintenance globally in 2019
North America had the highest crude oil refinery capacity under maintenance (both planned and unplanned) globally in 2019. Read more
GlobalData: ExxonMobil Fuels incurs highest crude oil refinery maintenance globally in 2019
ExxonMobil Fuels and Lubricants Co (ExxonMobil Fuels) had the highest crude oil refinery capacity under maintenance (both planned and unplanned) among all the refinery operators globally in 2019. Read more
GlobalData: Iran uncertainty will hit the Gulf’s economic recovery
Following today’s news that oil prices have risen after Iran had fired more than a dozen missiles at airbases used by the US military in Iraq. Read more
GlobalData: Asia to lead global ethylene capacity additions by 2030
Asia is expected to lead the global ethylene industry capacity growth from new-build and expansion projects between 2019 and 2030, with 47% share. Read more
GlobalData: North America energy storage tenders activity slumps 45% in Q3 2019
There were 23 energy storage tenders announced in the North America region in Q3 2019, marking a drop of 45% over the last 12-month average of 42. Read more
GlobalData: China to lead global ethylene capacity additions by 2030
China is expected to lead the global ethylene industry capacity growth from planned and announced projects between 2019 and 2030, with 26% share. Read more
GlobalData: Ocean LNG leads global long-term LNG contracted capacity signed by purchasing companies in 2019
Ocean LNG has dominated in terms of long-term liquefied natural gas (LNG) import volumes for contracts signed by key purchasing companies for the year 2019, with almost 47% of the global contracted capacity. Read more
GlobalData: U.S. signs the highest long-term LNG export contract volumes globally for 2019
Abundant shale gas production in the US has enabled the country to export natural gas as liquefied natural gas (LNG) to global markets. Read more
GlobalData: Haynesville Shale expected to play crucial role in meeting future natural gas demand
The recent resurgence of drilling activity in the Haynesville shale is expected to continue for the foreseeable future. Read more
GlobalData: Saudi Aramco IPO should be judged on its impact not its valuation
The public sale of shares in the world’s biggest oil exporter will be the first time since the 1970s that private and foreign investors will have been able to own a stake in the Gulf’s upstream oil and gas assets. Read more
GlobalData: Oil & gas industry M&A deals in September 2019 total $16.81bn globally
Total oil & gas industry M&A deals in September 2019 worth $16.81bn were announced globally. Read more
News Update: Terminals
North America is expected to drive capacity growth... Cameron LNG's first train of the liquefaction-export project... FERC recently formally accepted Commonwealth LNG LLC's... Freeport LNG recently shipped the first LNG commissioning cargo... Read more
GlobalData: US will contribute 73% of global LNG liquefaction capacity growth by 2023
The US is forecast to drive new-build, liquefied natural gas (LNG) liquefaction capacity additions globally from planned and announced (new-build) projects between 2019 and 2023. Read more
GlobalData: US set to contribute 85% of North America’s liquids storage capacity growth by 2023
The US is set to drive most of the liquids storage capacity growth in North America with its planned and announced (new-build) terminals, contributing around 85% of the regions’ total growth between 2019 and 2023. Read more
