Tech collaborations are enabling oil and gas companies to venture into quantum computing to reduce operational costs
GlobalData
Posted inExploration & Production
European oil majors near pre-pandemic income levels despite weakened revenues
The European oil majors saw large losses in 2020 as long-term oil and gas price forecasts were revised lower resulting in multi-billion-dollar asset impairments
Posted inExploration & Production
Boosting investments allocation among oil and gas operators could strengthen production in DJ Basin
The DJ Basin located in Colorado and Wyoming has experienced a constant decline since production peaked in November 2019
Posted inProducts & Services
India to lead global planned and announced oil and gas trunk pipeline length additions by 2025
The US ranks second globally, in terms of transmission pipeline length additions
Posted inExploration & Production
Middle East and Africa’s oil & gas industry saw a drop of 32.92% in deal activity in Q1 2021
A total of 27 deals worth $4.81 billion were announced for the region in Q1 2021
Posted inExploration & Production
Cheniere Energy’s Q1 earnings show promising growth in LNG sector
The shifting market landscape has had a heavy impact on the LNG market worldwide
Posted inExploration & Production
Russia, China lead global small-scale LNG liquefaction capacity additions by 2025
The pair are expected to contribute 43% of total small-scale liquefaction capacity by 2025
Posted inExploration & Production
GlobalData expects 118 oil and gas project starts in Australia by 2025
In the upstream (fields) segment, GlobalData expects 53 projects to start operations in Australia during 2021 to 2025
Posted inProducts & Services
Top M&A legal advisers by value and volume in oil & gas sector for Q1 2021
Deal value for the sector increased by 66.7% from US$39bn in Q1 2020 to US$65bn in Q1 2021
Posted inDRILLING & PRODUCTION
Nigeria to account for 23% of upcoming oil and gas projects in Africa by 2025: GlobalData
Nigeria is expected to have 100 oil and gas projects starting up between 2021 and 2025