IHS Global Services vice president Kevin Raby said Purvin & Gertz extends the company’s upstream capabilities, strengthens its downstream capabilities and enhances its chemical business for complete coverage across the entire energy value chain.

US-based Purvin & Gertz provides technical, commercial and strategic advice globally to clients in the crude oil, petroleum refining, natural gas, natural gas liquids, petrochemical and power generation industries, and has become a preferred source for key energy market information, in-depth analysis and forecasts for supply, demand and pricing of energy product.

The company offers subscription-based research, analysis and advisory services involving short-term and long-range trends in supply, demand, trade, prices and margins in all aspects of the energy business.

IHS chairman and CEO Jerre Stead said Purvin & Gertz is an excellent strategic fit for the company, enabling increased depth and breadth of coverage of oil, gas, refining and petrochemical market fundamentals, allowing it to provide its customers with critical information and insight across the entire energy value chain.