News
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.
Comments are closed.
News
Utility capital projects are facing mounting delays and cost pressures in 2026, even as AI-driven demand fuels record capex. Meanwhile, the upstream oil and gas market is stabilizing around a normalizing shale cost curve, bulk liquid storage operators are shifting toward capability-driven growth, and the energy transition is exposing critical minerals bottlenecks that are pushing […]
News
Uday Turaga, CEO of ADI Analytics, recently joined a panel at the Canadian Fuels Association (CFA) 5th Annual Awards Luncheon in Ottawa to discuss forces reshaping the global energy landscape. Alongside Steve Verheul and Robert Johnston and moderated by Bob Larocque, the discussion focused on structural shifts across energy markets. Turaga shared ADI’s latest research, […]
News
In the June 2026 edition, we highlight how evolving regulatory frameworks and technology innovation are accelerating the transition to low‑carbon and high‑performance solutions across the chemical industry. The IMO’s approval of ammonia fuel safety guidelines and China’s tightening carbon accounting standards signal growing momentum behind decarbonization, while advances in battery materials and thermal management solutions […]
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.