Understanding capacity and expenditure dynamics in refinery operations constitutes a critical tool in ensuring their future sustainability. Comprehension of such parameters allows for constant performance monitoring, identifying areas of improvement, and consequent strengthening of the sector's profitability. It is essential to analyze these factors in a global context, by studying...
Discover more insightsIn the energy industry, particularly in oil and gas production, electrification is becoming a growing point of focus. This shift is driven, in part, by attempts to reduce operational costs and improve energy efficiency. Electrification not only promises to reduce emissions by turning to renewable sources of power, but also...
Discover more insightsThe oil and gas industry is witnessing a paradigm shift with the midstream sector pacing towards advanced technologies and digitalization. With push towards enhancing operational efficiency and minimizing environmental impact, industry players are increasingly adopting clean and renewable energy sources. Furthermore, automation and advanced analytics are pioneering improved decision-making, efficiency,...
Discover more insightsSignificant trends are shaping the acid industry. Market forces are driving the growth of both isostearic and stearic acid segments, thanks to their diverse application potential. Isostearic acid's high oxidation stability makes it suitable for cosmetics, lubricants and chemical intermediates, whereas stearic acid's versatility enhances its demand in soaps, detergents,...
Discover more insightsCurrently, the global petroleum refining industry and gas processing capacity is exhibiting steady growth, supported by the constant increase in demand for energy sources. While key regions such as North America, China, and the Middle East continue to hold substantial capacity, both developed and emerging economies are investing in the...
Discover more insightsThe Oilfield Services sector is currently being shaped by a raft of factors. Most notably, advancements in drilling technologies and an increase in drilling activities are primarily driving the growth. Simultaneously, the push towards renewable energy forms and the consequent shift towards natural gas marks a key trend. Reduced operational...
Discover more insightsForemost, expansion in the sector of oil and gas exploration, synonymous with ‘upstream’, is primarily propelled by increasing global energy demands, particularly from developing economies. Advancements in technology have also played a pivotal role in the sector’s expansion, significantly improving extraction efficiency and enabling exploitation of previously inaccessible reservoirs. Despite...
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