global data

Russia will drive growth in Former Soviet Union’s (FSU) gas processing industry from planned and announced plants between 2019 and 2023, contributing around 6,531 mmcfd of the FSU’s total gas processing capacity additions, according to GlobalData, a leading data and analytics company. The company’s report: ‘Gas Processing Industry Outlook in …

Russia and Colombia had the highest number of oil and gas discoveries amongst a number of key countries with three each in Q4 2018, according to leading data and analytics company GlobalData. Russia had two natural gas discoveries in the West Siberian basin and an oil discovery in the Okhotsk …

A total of 362 deals with a combined value of US$80.9bn were registered in the upstream oil and gas industry in Q3 2018, according to GlobalData, a leading data and analytics company. Of the total value, US$44.5bn was registered in mergers and acquisitions (M&A) in Q3 2018, representing a significant …

The global underground working gas storage capacity is expected to grow by 19 percent, from the current 14.9 billion cubic feet (bcf) in 2018 to around 17.8 bcf in 2022. Among countries, Russia is expected to lead in terms of planned and announced working gas capacity additions, with 912 bcf …

A total capital expenditure (capex) of $3.3 trillion is expected to be spent globally across oil and gas value chain on planned and announced projects between 2018 and 2025. Of the total capex, $545bn is expected to be spent alone in 2018, according to GlobalData, a leading data and analytics …

MarketLine’s latest market report: ‘Global Oil & Gas’ reveals a declining market trend in 2016 as the price of crude oil pushed down profits of the major players. Overall the global oil & gas market saw its value fall from $1,395.7 billion in 2015 to $1,205.6 billion in 2016. Commenting …