The Haynesville Basin is set to see three new pipeline projects in 2023. Two of them will be to enhance the capacity of preexisting pipelines, while the other one will be an entirely new pipeline. If everything goes as anticipated, these three projects will cumulatively increase the play’s gas takeaway capacity by 2.35 billion cubic […]
2023 Upstream Oil & Gas Outlook: Tight supply and little growth
Upstream oil and gas fared well in 2022. Despite oil prices falling over 30% from their summer highs, oil and gas prices remain elevated, with WTI prices over $70 per barrel and natural gas at prices not seen since 2008. Net income in 2022 is expected to double from 2021 for oil and gas producers, […]
Strength in numbers: Increasing the Permian’s gas takeaway capacity
The Permian Basin is set to see five new pipeline projects in the coming next year. Three projects will expand existing pipelines’ capacity, while the other two involve the construction of new pipelines. If everything goes according to plan, these five new pipelines will collectively add 4.18 billion cubic feet per day (Bcf/d) to the […]
LNG market opportunities in the Philippines
A key growth driver behind liquefied natural gas (LNG) demand has been environmental policy and regulatory pressure driven by decarbonization and air quality improvement goals. The Paris Agreement signed in 2016 aims to restrict greenhouse gas (GHG) emissions and slow the global temperature rise to 2 °C above pre-industrial levels. The Philippines is one of […]
Natural gas crisis building in New England
While the energy crisis in Europe is well known, with much of the continent facing gas shortages due to the war in Ukraine and subsequent Russian sanctions and policies, less talked about is an energy crisis brewing in the U.S. Problems with natural gas infrastructure in New England have been mounting for years, and the […]
A cleaner natural gas value chain: IRA’s Methane Emissions Reduction Program
The Inflation Reduction Act (IRA) offers tax credits to advance clean-energy initiatives and reduce greenhouse gas (GHG) emissions. While there are incentives for everything from carbon capture through electric vehicles to renewable energy and hydrogen production, there are some penalties. The federal government’s first-ever greenhouse gas (GHG) emission fee is part of the new law’s […]
German energy markets: Between a rock and a hard place
Energy prices have soared throughout Europe since the beginning of the year. The crisis is particularly acute in the EU’s largest economy, Germany, which relies heavily on Russian gas for its economy. Recent events have exacerbated the problem and the German government is taking actions to combat the effects of the crisis on its people […]
Natural gas production growth in America
The recent sanctions on Russia have caused Western Europe to rely on other countries for natural gas imports. The U.S. is one of the key countries that has expanded its import to Western Europe, and we expect this role only to grow due to multiple factors, including the following: Natural gas production has grown by […]
Steam turbine trends in power generation
Note: This blog was originally written in 2017 As natural gas supply continues to grow and operators become more aware of the environmental benefits of switching to natural gas from coal-based power generation, ADI identified trends in capital equipment purchasing. In countries where natural gas has a cost advantage over coal, such as the United […]
Gas turbine trends in power generation
Note: This blog was originally written in 2017 Global natural gas supply has grown 1.6% annually from 2011 to 2016, and it is projected to continue to grow over the next 5 years. The United States, the world’s largest gas producer, will account for 40% of the growth in global natural gas production over the […]
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