Horace Hobbs on the future of bunker fuel and marine energy

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At the 2020 ADI Forum, Horace Hobbs, Chief Economist at Phillips 66, discussed the transition to cleaner marine energy. He noted that bunker fuel demand will persist due to ship longevity, even with alternative fuel adoption. LNG is emerging as a cleaner option to curb emissions. Policy and economic factors, rather than crude oil supply, will likely dictate the pace of the global fleet’s transition.

About ADI Analytics

ADI is a prestigious, boutique consulting firm specializing in oil and gas, energy, and chemicals since 2009. We bring deep expertise in a broad range of markets where we support Fortune 500, mid-sized and early-stage companies, and investors with consulting services, research reports, and data and analytics, with the goal of delivering actionable outcomes to help our clients achieve tangible results.

We also host the ADI Forum that brings c-suite executives together for meaningful dialogue and strategic insights across the oil & gas, energy transition, and chemicals value chains. Learn more about the ADI Forum.


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