Category: Analyst Comment

Digital technologies and data analytics have refined extraction by enabling precise drilling, reducing waste and enhancing safety.

North America is poised to witness substantial oil and gas trunk/transmission pipeline length additions, accounting for approximately 15% of the total upcoming (planned and announced) global pipeline length by 2030.

Asia is poised to dominate the global oil and gas trunk/transmission pipelines length additions, accounting for about 35% of the total upcoming length by 2030.

Nigeria is set to dominate Africa’s conventional refinery capacity additions, accounting for nearly 40% of the region’s capacity additions by 2030.

China is poised to lead global MDI capacity additions by 2030, due to its manufacturing that relies on MDI for industrial applications.

The Middle East is anticipated to be a pivotal region in terms of the global conventional refinery capacity additions, expected to contribute over a quarter of the total capacity additions by 2030.

Syria is looking to improve its oil and gas infrastructure through the restoration of pipelines and ports and possibly a third refinery.

Asia is poised to dominate global conventional refinery capacity additions, accounting for over 35% of the total capacity additions by 2030.

Asia is poised to spearhead the global xylene capacity additions by 2030, mainly due to increasing demand for its key derivative, p-xylene.

Asia is poised to lead the global butadiene capacity additions by 2030 due to the increasing demand from the region’s automotive sector.