Looking back, 2021 was likely more frustrating for petroleum refiners globally than 2020. Refiners had reconciled to the black swan year of 2020 represented by the pandemic, the resulting lockdowns, and fuel demand destruction. However, 2021 was supposed to mark a return to normalcy, and, to a large extent, the world made a lot of […]
Where are oil prices headed in 2021?
The price of crude oil has been on an upward trend over the last few months and rose sharply last week after OPEC+ failed to agree to output increases. Brent crude oil futures prices reached a high of $75 earlier this month with a year-to-date gain of nearly 36%. While the burst of global economic […]
Digital in chemicals: Progress but far from a transformation
In a recent investor call, Nutrien reported that its Ag Solutions Digital Hub exceeded its annual target of $500 million in sales by achieving $700 million in just six months. Buoyed by this success, the company is investing more than $50 million annually on digital initiatives in North America and soon beyond. Even so, Wall […]
What happens to margins at electric utilities’ post-COVID?
Sweeping impacts across the energy value chain from the COVID-19 pandemic are turning a spotlight now on the corporate and financial performance of various segments. Demand losses at electric utilities have been significant with estimates suggesting a ~5% decline in April 2020 on a year-over-year basis, and as much as 25% when compared to six […]
Riches to Rags: Refining in the Oil & Gas “Perfect Storm”
The refining panel session at the 2020 ADI Forum – our consulting firm’s annual oil & gas conference – in January this year was brimming with justified optimism. After several years of questioning and cross-questioning, IMO 2020 – the International Maritime Organization’s rule limiting sulfur in marine fuel oil – was finally here and refiners […]
Locking Both the World and Oil Down
A third of the world’s population is today living in countries that have enforced moderate to severe lockdowns on virtually all human activity to mitigate the spread of COVID-19. In all, 27 countries have imposed lockdowns with nearly all of them opting for severe measures. Only three countries – Israel, Ireland, and the Czech Republic […]
Oil & Gas in the Perfect Storm
We could have borrowed from Gabriel Garcia Marquez’s “Love in the time of cholera” to title this piece, “Oil and gas in the time of coronavirus”. But that would only recognize the coronavirus disease of 2019 (COVID-19) for its Black Swan impact on oil demand and ignore the supply shock posed by Russia’s refusal to hyphenate […]
Navigating COVID-19 and the Price Crash
ADI has a new study on navigating oil & gas through this “perfect storm”. The report includes granular forecasts for upstream (shale and offshore), midstream (gas processing, NGLs, and pipelines), LNG, refining, and petrochemicals. Learn more by downloading the study prospectus and contact us at info@adi-analytics.com or +1 (832) 768-8806 to learn more.
Webinar recording: Industrials and OEMs
Watch a recording of our weekly webinar series on oil & gas in the “perfect storm” .
Webinar recording: Power and Utilities
Watch a recording of our weekly webinar series on oil & gas in the “perfect storm”, and download the presentation below.
