February 2017

Trends and Resources

Global Project Data

According to Hydrocarbon Processing’s Construction Boxscore Database, new project announcements have averaged 11 per month since mid-2016.

Nichols, L., Hydrocarbon Processing

According to Hydrocarbon Processing’s Construction Boxscore Database, new project announcements have averaged 11 per month since mid-2016. However, when compared to the same time frame in 2015, new project announcements per month have nearly halved. Although new project announcements have decreased over the past couple of months, global downstream project investments are near an all-time high. The Hydrocarbon Processing Construction Boxscore Database is tracking more than $1.6 T in announced projects around the world. In total, approximately 60% of active downstream projects are in the preconstruction phase.

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