The highest capacity additions in the region are expected from three projects in China, each with a capacity of 3 mtpa.
Asia is to spearhead the global polyethylene terephthalate (PET) capacity additions by 2030, mainly due to its escalating demand for PET.
Although imports such as crude oil and natural gas are mostly excluded, fears that Trump’s tariffs have exerted downward pressure on oil prices.
Africa is poised to add significant liquid storage capacity additions, accounting for about 12% of the global capacity additions by 2030.
Asia is poised to spearhead the global polyethylene (PE) capacity additions by 2030, mainly due to its escalating demand of PE from various end-use application segments such as packaging, construction and consumer goods.
Traditionally industrial feedstocks, both now have potential use in clean power generation, shipping and long-distance hydrogen transport.
Uncrewed aerial vehicles (UAVs), more commonly known as drones, have moved from experimental pilots to mainstream deployment in oil and gas operations.
In 2029 when Trump leaves office, the US anti-ESG movement may falter and the country may have to scramble to secure renewables and cleantech
Asia is set to lead global urea capacity expansions by 2030, primarily driven by its vast agricultural sector’s demand for fertilisers and the use of urea in manufacturing urea-formaldehyde resins.
Global oil and gas contracts reported a quarter-on-quarter increase in total disclosed value, with $40.94bn in the second quarter (Q2) of 2025 as compared to $33.89bn in Q1 2025.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.
