Capital project work as a percent of turnaround work has grown from just 2% before the Shale Renaissance building began in 2010 to more than 20% beginning in 2016, according to consultancy AP-Networks.
2019 may be the biggest year yet in terms of liquified natural gas (LNG) capacity approved globally, as major buyers uncontracted demand is expected to quadruple by 2030, according to a new report by energy research firm Wood Mackenzie. The U.S., Australia...
A construction boom in North America has driven demand for services from engineers, energy, procurement and construction (EPC) firms, equipment suppliers, technology providers, thought leaders, labor and even land.
The US-China trade war is expected to hit polyethylene exports to China just as new U.S. capacity is starting up. Demand in other regions will help for a while, but a big wave of new investment in the East comes by the middle of the next decade.