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,...
Global oil and gas contract activity reports downtrend amid COVID-19 outbreak during Q1 2020
The global oil and gas industry has witnessed a significant slowdown...
Shareholders prioritized as big oil’s first quarter earnings slump
Earnings of major international oil and gas producing companies have suffered in the first quarter of...
COVID-19 hampers oil and gas services industry business outlook
The COVID-19 pandemic impact has devastated crude oil demand as the majority of the end user...
Slump in fuel demand and lack of storage capacity force Indian refiners to issue force majeure notices
The extended lockdown announced by India to curtail...
Volatile oil and gas market attracts short sellers
With oil prices suffering their biggest fall for decades due to the Covid-19 coronavirus outbreak and a...
 The French pavilion, organized by Business France, the national agency supporting the international development of the French economy, will gather 44 companies, of which...
Oil and gas industry gearing up for robotics adoption to drive productivity and efficiency, says GlobalData.Â
The oil and gas industry is gearing up to...
Uganda selects Consortium to develop and operate a greenfield Oil Refinery
Following the favourable evaluation of its private sector-led offer by the Uganda Government, the...