Oil and gas industry contract value declines
With rising inflation and an increasing capital cost borrowing environment posing challenges for upcoming oil and gas projects, the overall oil and gas industry’s disclosed contract value saw a significant quarter-on-quarter (QoQ) decrease of 48% in Q1 2023, reveals GlobalData, a leading data and analytics company.
GlobalData’s latest report, “Oil and Gas Industry Contracts Analytics by Sector (Upstream, Midstream and...
China is expected to commence operations of 44 crude oil refinery projects during 2022-2026, accounting for 24% of all crude oil refinery projects in Asia, driven by growing refining capacity to meet the rising demand for plastics and petroleum products, finds GlobalData, a leading data and analytics company.
GlobalData’s latest report, ‘Crude Oil Refinery New-Build and Expansion Projects Analytics and Forecast by Project Type, Regions,...
Significant additional capacity for CCUS will be needed to achieve net-zero emission targets
There are approximately 28 commercial Carbon Capture Utilisation and Storage facilities (CCUS)...
Renewable resources discussions grow multifold in 2020 as fossil fuel demand dwindles
‘Renewable energy’ mentions in oil and gas companies’ earnings transcripts increased by over...
Boosting investments allocation among oil and gas operators could strengthen production
The Denver Julesburg (DJ) Basin located in Colorado and Wyoming has experienced a constant...
Morgan Stanley and Evercore were top M&A financial advisers by value and volume in oil and gas sector for Q1-Q3 2020, says GlobalData
Morgan Stanley...
Growing digitalization makes the oil and gas industry more vulnerable to cyberattacks
The oil and gas industry is increasingly relying on digital technologies to transform...
US oil market shows right trend at a slow pace
Following the release of official weekly US Energy Information Administration data on stocks, demand and...
Divergent economic outlooks for North and South Americas’ oil and gas producing countries, says GlobalData
Operators in the Americas region have had to manage projects...
North American oil & gas pipeline sector continues working out strategies against weak economy and COVID-19
Weak economic outlook coupled with the impact of COVID-19...