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


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


Digitization and electrification are spreading across all industries and the auto industry is no exception. Read more

Renewable & Biofuel

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 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


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. Read more


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

Offshore & Marine

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


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