China is poised to significantly expand its polycarbonate production capacity, driven by strong demand from the construction and automotive sectors. Accounting for about 70% of the expected capacity additions worldwide by 2030, China is expected to remain a dominant player in the global polycarbonate production, according to GlobalData, a a leading intelligence and productivity platform. […]

Global battery electric vehicle (BEV) sales rose 13% annually in 2024 to reach 10.4 million, accounting for 14% of new personal vehicle sales worldwide, according to the International Energy Agency (IEA). As many regions leverage state support to accelerate the adoption of electric vehicles (EVs) and reduce dependence on fossil fuels, oil and gas companies […]

The oil and gas industry enters 2026 facing a marked change in momentum regarding the energy transition. Despite recurring climate-related catastrophes—such as record-breaking wildfires, extreme heatwaves—and ongoing calls for emission reductions, the pace of the global energy transition is faltering. Energy-related CO₂ emissions continue to reach new highs, underscoring the persistent dominance of fossil fuels […]

China is poised to significantly expand its vinyl acetate monomer (VAM) production capacity by 2030, owing to its immense demand from the construction and automotive sectors. Accounting for 57% of the expected capacity additions worldwide by 2030, the country is expected to be the dominant player in the global VAM production, according to GlobalData, a […]

China is poised to significantly expand its polystyrene production capacity by 2030, driven by rapid and sustained demand from packaging, electronics, and construction industries. China is likely to be the only country to account for entire expected polystyrene capacity additions worldwide by 2030, according to GlobalData, a leading data and analytics company. GlobalData’s latest report […]

Contractors, that traditionally focused on oil and gas project installations and allied works, have become central to the industry’s decarbonization push, with their engineering decisions and technology portfolios now determining the speed and feasibility of low-carbon developments. By advancing carbon capture, utilization and storage (CCUS), low-carbon hydrogen, bioenergy, and efficiency-focused design, they are reshaping project […]

China is poised to significantly expand its polypropylene production capacity by 2030, owing to its massive demand from automotive, packaging, and construction industries. Accounting for about 40% of the expected capacity additions worldwide by 2030, China is expected to be the dominant player in the global polypropylene production, according to GlobalData, a leading data and […]