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GlobalData

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

Maintenance & Reliability

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

Pipeline/Transportation

Total oil & gas industry deals for December 2019 worth $37.6bn were announced globally. Read more

M&A/Investment

Total oil & gas industry M&A deals in December 2019 worth $11.22bn were announced in the US. Read more

M&A/Investment

The Arctic continental shelf is estimated to hold vast deposits of hydrocarbons and rare earth minerals. Read more

Upstream

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

Refining & Petrochemical Processing

North America had the highest crude oil refinery capacity under maintenance (both planned and unplanned) globally in 2019. Read more

Maintenance & Reliability

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

Maintenance & Reliability

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

Commodities

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

Refining & Petrochemical Processing

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

Power Generation

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

Refining & Petrochemical Processing

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

Natural Gas/LNG

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

Natural Gas/LNG

The recent resurgence of drilling activity in the Haynesville shale is expected to continue for the foreseeable future. Read more

Natural Gas/LNG

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

M&A/Investment

Total oil & gas industry M&A deals in September 2019 worth $16.81bn were announced globally. Read more

M&A/Investment

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

Tanks/Terminals/Storage

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

Natural Gas/LNG

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

Tanks/Terminals/Storage