The global refining industry had an unexpectedly strong year in 2023 with strong demand recovery especially in diesel and jet fuel and high crack spreads not seen in many years leaving many refiners with strong balance sheets and optimism about the future. Against this context, we anticipate a far more mixed outlook for the refining […]
Cementing a greener future
Cement, a fundamental building block of modern construction, has long been integral to the development of infrastructure worldwide. Today, concrete made from cement is the most consumed material after water. However, its vital role comes at a significant environmental cost. The production of traditional cement, also known as Ordinary Portland Cement (OPC) is highly energy […]
2024 LNG Outlook: Growing stability yet uncertainty in the global LNG market
The ripples in the global LNG markets induced by geopolitical conflict seemed to have died down and greater import and export capacity coupled with continued growth in the share of renewable energy will result in a relatively stable yet uncertain LNG market in 2024. Key trends to look out for include the following: Global LNG […]
Companies are looking to monetize GHG emissions
In line with the Paris Agreement’s targets of reducing greenhouse gas (GHG) emissions by 45% by 2030 and reaching net zero emissions by 2050, companies across the world are looking for ways to reduce their emissions. There are some seeing this trend as an emerging market and are working to monetize other companies’ carbon emissions. […]
Haynesville shale’s growing competitiveness
The Haynesville shale has emerged as a major natural gas play in recent years. Natural gas production from the Haynesville shale reached a new record high of 14.5 Bcf/d in 2023, accounting for 14% of all U.S. dry natural gas production. Haynesville production growth has accounted for 40% of the U.S. gas production growth recently. […]
The future of SAF in Brazil
The aviation industry’s increasing adoption of Sustainable Aviation Fuel (SAF) seems promising. However, this transition also highlights challenges related to the availability of feedstock and presents obstacles to meeting production targets. The ongoing expansion of the SAF market, along with various policy initiatives, has garnered the interest of other nations, including Brazil. Given its substantial […]
Electric vehicles impact on the power grid: Challenges and solutions
As electric vehicles (EVs) gain momentum in reshaping the automotive landscape, it’s imperative to confront the practical challenges. The anticipated surge in EV adoption, projected to account for 33% to 50% of new car sales in the U.S. by 2030 (up from ~7% in 2022), raises critical concerns for the power grid. In 2022, EVs […]
Top chemical companies transitioning toward sustainability
One of the largest problems affecting the chemical industry in recent years has been the pressure to transition toward clean energy and reduce carbon emissions. More than 20 of the firms in the Chemical & Engineering News (C&EN) Global Top 50 have made investments recently in sustainability or currently have sustainability projects in development. At […]
Reinventing nuclear energy: The promise of Stable Saltwater Reactors
Advancements in nuclear technology continue to shape the future of energy production, balancing the scales between safety, efficiency, and economic feasibility. In the previous blog post, we’ve delved into the realm of Small Modular Reactors (SMRs). Now, we turn our attention to one of the most promising innovations within this domain, the Stable Saltwater Reactors […]
Cost optimization in the shale patch
Leading shale operators from oil majors such as ExxonMobil and Chevron to the E&P independents including ConocoPhillips, Pioneer, Oxy, and Diamondback have committed to growing production without compromising returns and sustainability. Achieving this aspiration will require significant cost optimization where recent ADI research and consulting is showing significant progress by E&P companies. These cost optimization […]
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