The global bunker fuel market size was estimated at USD 125.05 billion in 2024 and is projected to reach USD 160.94 billion by 2030, growing at a CAGR of 4.35% from 2025 to 2030. The market is witnessing steady growth, driven by the expansion of global maritime trade and increasing deman... Read More »
June 2025The global blowout preventer market size was valued at USD 7.16 billion in 2024 and is expected to grow at a CAGR of 3.51% from 2025 to 2030. The industry is primarily driven by the increasing global demand for oil and gas, which necessitates advanced safety measures in drilling operatio... Read More »
February 2025The global natural gas fired electricity generation market demand was 46.41 billion in 2024 and is projected to reach USD 64.12 billion by 2030, growing at a CAGR of 5.4% from 2025 to 2030.... Read More »
January 2025The global hybrid power solutions market size was valued at USD 2.41 billion in 2023 and is projected to reach USD 4.74 billion by 2030, growing at a CAGR of 10.2% from 2024 to 2030. The pursuit of hybrid power solutions is driven by innovations that enhance system functionality, ec... Read More »
January 2025The Asia Pacific carbon dioxide market size was valued at USD 3.18 billion in 2024 and is projected to grow at a CAGR of 5.3% from 2025 to 2030. The rapid expansion of the food and beverage industry in the region, coupled with the increasing usage of carbon dioxide in medical and industr... Read More »
December 2024The global shale gas market size was valued at USD 88.6 billion in 2024 and is projected to reach USD 127.8 billion by 2030, growing at a CAGR of 5.9% from 2025 to 2030. This growth is attributed to the increasing energy demand and the depletion of conventional gas reserves, pr... Read More »
November 2024The North America mini and midi horizontal directional drilling market size was estimated at USD 1.40 billion in 2024 and is expected to register a CAGR of 5.5% from 2025 to 2030. The market growth is driven by the increasing investments in infrastructure and utility expansion across bot... Read More »
November 2024The global tight gas market size was valued at USD 52.71 billion in 2024 and is projected to grow at a CAGR of 5.0% from 2025 to 2030. This growth is attributed to the rising global energy demand, particularly in developing economies, which necessitates exploring unconventional gas... Read More »
November 2024The global flywheel energy storage systems (FESS) market was estimated at USD 461.11 billion in 2024 and is projected to reach USD 631.81 billion by 2030, growing at a CAGR of 5.2% from 2025 to 2030... Read More »
October 2024The global coal to liquid market size was valued at USD 4.05 billion in 2023 and is projected to reach USD 7.27 billion by 2030, growing at a CAGR of 8.7% from 2024 to 2030. Increasing demand for coal to liquid (CTL) to produce fuels such as diesel, gasoline, and other fuels has led to m... Read More »
October 2024The global enhanced oil recovery market size was estimated at USD 49.84 billion in 2024 and is projected to reach USD 62.17 billion by 2030, growing at a CAGR of 2.9% from 2025 to 2030. The enhanced oil recovery (EOR) market is primarily driven by the increasing global demand for oi... Read More »
October 2024The global drilling waste management market size was valued at USD 5.43 billion in 2023 and is projected to grow at a CAGR of 4.5% from 2024 to 2030.This can be credited to the increasing environmental concerns and stringent regulations governments impose worldwide. Companies have increa... Read More »
October 2024The global coal power generation market volume was 2,056.95 GW in 2023 and is projected to reach 2,266.14 GW by 2030, growing at a CAGR of 1.1% from 2024 to 2030. The high energy demand is expected to drive the coal industry to generate electricity.... Read More »
September 2024The global oilfield services market size was estimated at USD 133.1 billion in 2023 and is projected to reach USD 166.4 billion by 2030, growing at a CAGR of 3.4% from 2024 to 2030. The market is driven by the increasing production and exploration activities in the oil and gas industry. ... Read More »
September 2024The managed pressure drilling services market size was valued at USD 4.08 billion in 2023 and is projected to reach USD 4.97 billion by 2030, growing at a CAGR of 3.0% from 2024 to 2030. The increasing demand for oil and gas, coupled with the need for optimal extraction, has led to ... Read More »
August 2024The global compressed natural gas market size was estimated at USD 159 865.81 million in 2023 and is projected to reach USD 344,595.7 million by 2030, growing at a CAGR of 11.8% from 2025 to 2030... Read More »
August 2024The global well cementing services market size was estimated at USD 8.8 billion in 2023 and is anticipated to reach USD 11.6 billion by 2030, growing at a CAGR of 4.1% from 2024 to 2030. The global rise in crude oil prices is the pivotal factor that propelled the market growth.... Read More »
August 2024The global small scale LNG market size was estimated at USD 52.31 billion in 2023 and is projected to reach USD 131.78 billion by 2030, growing at a CAGR of 14.1% from 2024 to 2030. Increasing demand for cleaner energy sources, particularly in remote areas and emerging economies is ... Read More »
August 2024The global wellhead components market size was estimated at USD 6.25 billion in 2023 and is expected to grow at a CAGR of 4.5% from 2024 to 2030. The market is primarily driven by the increasing demand for oil and gas worldwide. As energy consumption continues to rise, particularly in de... Read More »
July 2024The global oil & gas SCADA market size was estimated at USD 3.73 billion in 2023 and is projected to reach USD 5.47 billion by 2030, growing at a CAGR of 5.7% from 2024 to 2030. The market is driven by several key factors that are expected to shape its growth trajectory over the... Read More »
July 2024