Global shale industry on a recovery path after 8.1% production decline in 2020
Global shale production has taken a drastic hit in 2020, where shale oil is expected to drop by 11.7% year-on-year and shale gas production may see a 4.5% fall, according to projections by GlobalData, a leading data and analytics company. Market demand for oil and gas plummeted globally from March 2020, following...
US drives North America’s refining industry to reach 25.8 mmbd by 2024
The US is expected to lead the refining industry in North America, pushing the total crude oil refining capacity in the region from 24.6 million barrels per day (mmbd) in 2019 to approximately 25.8mmbd by 2024, according to GlobalData, a leading data and analytics company.
The company’s report,‘Global Refining Industry Outlook to 2024 –...
Renewables Account for Almost Three Quarters of New Capacity in 2019
The renewable energy sector added 176 gigawatts (GW) of generating capacity globally in 2019,...
“White Gold” reserves to showcase sustainable credentials ahead of Expo 2020
The Republic of Chile will underscore its commitment to sustainable energy ahead of Expo...
What is the cost of the Airline Strikes of 2019
Passing year has been another year fraught with strikes, costing the aviation industry billions. With...
Cities that adapt to new economic models compete best in real estate sector
JLL's recent report with The Business of Cities titled 'Demand and Disruption...
Equatorial Guinea’s Year of Energy becomes Call to Action for Africa’s Oil Industry
The Ministry of Mines and Hydrocarbons continues rolling out the Year of...
