Oil country tubulars market expected to grow with oil and gas industry slow revival in 2017 Technavio has identified the top five leading vendors in their recent global oil country tubular goods market report. “The current scenario of weaker oil prices will weigh down on the oil country tubular goods market significantly. However, the oil country tubular […]
Top 5 global oil country tubular goods vendors – Technavio Read More »
Gains were registered in pharmaceuticals, agricultural chemicals, organic chemicals, and coatings. Plastics resins activity was flat WASHINGTON – The American Chemistry Council’s Global Chemicals Production Regional Index (Global CPRI) shows that growth in the industry has been nearly flat most of 2016. The headline index for Sept. showed no gain or loss on a three-month moving
Global chemicals production ends Q3 on soft note Read More »
Slowdown in global trade growth stems in part from commodity slump and slowdown in China, will be reversed when commodity cycle turns By John Kemp LONDON (Reuters) – World trade growth has ground to a halt as the commodity price slump hits economic growth in emerging markets and with it their demand for imported industrial equipment, supplies
Commodity slump stalls global trade growth: Kemp – Reuters News Read More »
Reduced reflationary capacity of global central banks means growth could remain below potential for several years LEXINGTON, Mass. – Global economic growth may remain stuck in low gear for several more years, though a worldwide recession is unlikely, according to the third quarter IHS Global Risk Service report from IHS Markit. Global economic risk, as measured by
Weak growth, high debt, unemployment rates leave global economy exposed – IHS Markit Read More »
Presence of energy guzzlers, China, India, Japan, and South Korea has driven growth of regional pipeline market in the recent past LONDON- The global crude oil pipelines market is projected to experience a significantly tepid growth rate throughout the forecast period, registering a CAGR of only 0.3 per cent, according to Technavio’s latest report. In the report, Technavio
Global crude oil pipelines market to witness growth through 2020 Read More »
Increased production of electric vehicles across the manufacturing base required to make them more affordable for consumers SOUTHFIELD, Mich. – Norway continues to lead the global market for electric vehicles, according to the most recent plug-in electric vehicle (PEV) index from IHS Automotive, part of IHS Markit. Plug-in electric vehicles are defined as either a
Norway leading global electric vehicle market – IHS Markit Read More »
China and India head the list of regasification and import terminals that are under construction LONDON – Technavio’s latest report on the global LNG tanker market provides an analysis on the most important trends expected to impact the market outlook from 2016-2020. Technavio defines an emerging trend as a factor that has the potential to
Top 3 trends impacting global LNG tanker market from 2016-2020 – Technavio Read More »
Global grid-connected energy storage capacity will surge to 21 GWh by 2025 LONDON – The global energy storage market is expected to double, from 1.4 GWh added in 2015, to 2.9 GWh this year, offering unique growth prospects for many energy companies as global energy markets continue to cool, according to IHS Markit. Global grid-connected energy
Global electrical grid storage capacity to double in 2016 – IHS Read More »
Big winners are operators in key tight oil growth plays such as Permian Basin, Mid-Continent HOUSTON – The collapse in oil prices in 2014 left many planned oil investments with high costs and not commercially viable. Two years on, and the industry has started to adapt to lower oil prices, cutting costs, and getting more projects
Oil industry drives down global cost curve; Permian Basin is biggest winner Read More »
Deepest capex cuts are in US Lower 48, where forecast capital investment has halved in 2016-17, falling by US$125 billion Global upstream development spend from 2015 to 2020 has been cut by 22 per cent or US$740 billion since the oil price started to drop two years ago, according to international consultancy Wood Mackenzie, and when cuts to
Global oil upstream spend slashed by $1 trillion since price drop in 2014 Read More »
