GlobalData
GlobalData: Shell leads global new-build upstream capex outlook by 2025
A total new-build capital expenditure (capex) of US$846bn is expected to be spent globally on planned and announced upstream projects from 2019 to 2025 Read more
GlobalData: Upstream oil and gas M&A and capital raising values totaled $47.9bn in Q4 2018
A total of 305 deals with a combined value of US$47.9bn were registered in the upstream oil and gas industry in Q4 2018, according to GlobalData, a leading data and analytics company. Read more
GlobalData: Oil and gas companies gearing up for electric vehicles onslaught
Digitization and electrification are spreading across all industries and the auto industry is no exception. Read more
Asia to lead global petrochemicals capacity additions through 2026, says GlobalData
Led by Asia and the Middle East, the global petrochemicals market capacity is poised to grow from 1,547.2 million tons per annum (mtpa) in 2017 to 1,931.5 mtpa in 2026, says leading data and analytics company GlobalData. Read more
North America will contribute 44% of global crude oil pipeline additions to 2022, says GlobalData
North America is forecast to add the highest trunk pipeline length to the global crude oil pipelines industry of any region between 2018 and 2022, contributing a total length of 16,136 km, which is 44% of global planned additions. Read more
U.S. and Russia dominate global capex on planned pipelines to 2022
The U.S. and Russia will dominate global capital expenditure (capex) on planned major, trunk crude oil, petroleum products and natural gas pipelines during the outlook period 2018–2022, according to leading data and analytics company GlobalData. Read more
Global capital raising activity in the midstream sector totaled $55.9B in Q1 2018
Global capital raising activity in the midstream sector totaled $55.9B in Q1 2018. Read more
U.S. deepwater royalty cut would make its tax burden significantly lower than regional peers, says GlobalData
Cutting the U.S. deepwater royalty rate from 18.75 percent to 12.5 percent for new leases, as proposed by the US Royalty Policy Committee in its meeting on February 28, would significantly improve the attractiveness of the country’s fiscal regime. Read more
Top three Saudi oil fields drive 59 percent of country’s oil production in 2021, says GlobalData
An analysis of Saudi Arabia’s crude oil production shows that over $79.6bn in capital expenditure (capex) will be spent on oil projects over the next four years. Ensuring the country’s production remains around 11.2 mmbd in 2021. Read more
