HPI Market Data Book 2026: Global construction – Overview
Latest edition of our Gulf Energy Information's Market Data Book highlights robust growth in gas processing/LNG sector, followed by petrochemicals and refining
The UN forecasts that the global population will reach 8.6b in 2030, 9.8b in 2050 and more than 11.2b by 2100. Much of this population growth will be in Sub-Saharan Africa and other non-OECD nations, many that lack the proper energy production capacity to satisfy increasing demand. Compounding this dilemma are several factors affecting global energy production and supplies, such as increasing urbanisation, political uncertainty, supply chain issues, lack of generation capacity and costs, among others. Numerous forms of energy will be required to satisfy the world’s increasing energy demand. But despite the stark rise in renewable power generation—more than 1,000GW of renewable capacity has
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14 April 2026
The GECF has warned it may revise its projections for demand this year downwards in light of conflict in the Middle East, although it maintains its forecasts for 2027 and onwards
13 April 2026
Petroleum Economist analysis highlights sharp shift from crude oversupply to market deficit, with Iraq and Kuwait badly affected and key producers Saudi Arabia and the UAE also seeing output sharply lower
13 April 2026
Turkmenistan is moving ahead with a modest expansion of the giant Galkynysh field to sustain gas deliveries abroad, but persistent delays to other key pipeline projects and geopolitical risks continue to constrain its export ambitions
13 April 2026
Expensive electricity has forced out swathes of energy-intensive industry and now threatens the country’s ability to attract future investment in datacentres and the digital economy






