Category: Analyst Comment

Within Asia, the majority of benzene capacity additions are from upcoming projects in India, with a total capacity of 3.29 mtpa.

Europe is poised to add significant liquefied natural gas (LNG) regasification capacity additions, accounting for over 20% of the global regasification capacity additions by 2030.

The Middle East is poised to contribute substantial additions to global liquefied natural gas (LNG) liquefaction capacity, projected to account for more than 10% of the worldwide increase by 2030.

The global energy policy landscape in late 2024 and the first quarter (Q1) of 2025 has been dominated by the actions of – and reactions to – the new US President Donald Trump’s revolution of the domestic and international energy and economic landscape.

Global power generation is increasingly shifting towards renewable sources, reducing the reliance on fossil fuels.

The International Energy Agency (IEA), which works with countries around the world to shape energy policies for a secure and sustainable future, projects that global oil demand will peak before 2030.

China is anticipated to be at the forefront of global plastics capacity additions by 2030.

BP (bp) – along with Shell, Equinor, and other oil and gas companies – has announced it will be reducing investment into renewable energy, refocusing on oil and gas production.

Iraq will add considerable CDU capacity in the Middle East with almost1,919 of capacity expected to be added by 2030.

The US is anticipated to lead global ammonia capacity additions by 2030, due to the availability of large natural gas reserves.