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The New York Times has published a piece commenting on the flood of recent oil field discoveries, far exceeding the pace in this decade. Much as this is cause for joy, new oil finds are deeper, costlier, and more difficult to process. Finally, we ought to have a few more data points before calling a curve.
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ADI Analytics is pleased to share that our CEO, Uday Turaga, was quoted in Enterprise AM discussing Kuwait’s Project Peregrine and the growing trend of infrastructure monetization across the global energy sector. Kuwait’s transaction is the latest in a series of deals involving companies such as ADNOC Group, Aramco, OQ, and Bapco Energies. These transactions […]
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Semiconductor and specialty chemical investment is driving new industrial gas and materials capacity. Linde and Air Liquide are expanding air separation and industrial gas production in the U.S. and Taiwan to supply advanced semiconductor and memory chip manufacturing, while PetroChina and Epigral are advancing ethane cracker and epoxy resin projects in China and India. Sasol […]
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We’re pleased to share that an op-ed by ADI Analytics CEO Uday Turaga and energy industry consultant Prashant Kumar has been published in The Hindu, one of India’s leading national newspapers. In the article, India Should Back Biomass Over Coal for Gasification, we examine India’s ambitious gasification plans and argue that agricultural biomass offers a […]
I think it’s a legit joy for BP! BP’s huge investment in the area of deepwater exploration is paying off very well, #1 operator in the deepwater basin producing 400,000 BOE/day and with the new Tiber Oil Field and others we are likely to see an increase in the number to at least 600,000 BOE/day. BP has been always ultra conservative in estimating its reserves as seen with Prudhoe Bay Oil Field, so I wouldn’t be surprised if we see more oil from BP’s deepwater projects. Better oil prices in the next decade and the absence of risk factors such as civil unrest, high-tax foreign countries, etc BP is well positioned to earn well. And so I think it is a well deserved pay off.