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Petrochemical projects to lead oil and gas projects in the Asia-Pacific by 2026

Petrochemicals account for more than half of the oil and gas projects due to begin operations in the Asia-Pacific region by 2026.

Asia continues to lead global petrochemical capacity additions

China accounts for the highest capacity additions with the capacity of 235.9 by 2030.

India’s major project pipeline still subject to delays and cost overruns

Major pipeline projects in India are still facing delays and cost overruns due to a variety of factors such as acquisition problems and the pandemic.

LNG export capacity in the US is set to overtake Australia and Qatar in 2022

LNG growth remained strong in the US in 2021 and is set to exceed Australia and Qatar in 2022 as the US LNG export capacity increases.

LNG trends: Tankers leads Twitter mentions in Q3 2021

Offshore Technology lists the top five terms tweeted on liquefied natural gas (LNG) in Q3 2021, based on data from GlobalData’s Oil and Gas Influencer Platform.

Oil and gas supply trends: OPEC leads Twitter mentions in Q3 2021

Offshore Technology lists the top five terms tweeted on oil and gas supply in Q3 2021, based on data from GlobalData’s Influencer Platform.

LNG trends: Pricing leads Twitter mentions in Q2 2021

Offshore Technology lists the top five terms tweeted on liquefied natural gas (LNG) in Q2 2021, based on data from GlobalData’s Influencer Platform.

US leads globally with highest operational refinery FCCU capacity

The US led fluid catalytic cracking unit capacity in 2020, with other key countries including China, India, Japan and Russia.

Oil and gas production from the DJ Basin play expected to witness a slow recovery

GlobalData’s latest report, ‘DJ Basin in the US, 2021 – Oil and Gas Shale Market Analysis and Outlook to 2025’ provides a comprehensive review of hydrocarbon appraisal and development in the Denver Julesburg (DJ) Basin shale play against the backdrop of COVID-19 pandemic.

Chevron had profitable earnings in Q1 2021 but remain cautious in capital allocation

Chevron earnings in Q1 2021 posted a profit of $1.4bn, still down from pre-pandemic levels a year ago of $3.6bn despite the recovery in energy prices.