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 […]
2022 Metals and Mining Outlook: Digging deeper into recovery after ‘rocky’ conditions
During these unprecedented times, mining operators are learning to navigate through many challenges because of the COVID-19 pandemic. Last year, mining operators pursued resiliency, investor confidence, environmental, social, and governance (ESG) performance, and capital and operational discipline. Moving forward in 2022, these megatrends will still be relevant to the mining industry with some added complexities […]
2022 LNG Outlook: Streaming into the roaring twenties
The global LNG market showed strong even if tumultuous growth during 2021. Demand rebounded post-COVID driven by easing restrictions, a long and cold winter, and intensifying decarbonization efforts. Record-low inventories and damp supply growth resulted in a tight LNG market that will continue well in 2022. China surpassed Japan as the largest buyer of LNG […]
Growing regulations restrict toxic PFAS chemicals globally
In July this year, the U.S. House of Representatives approved a bill designating per- and poly- fluoroalkyl substances (PFAS) as hazardous substances under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA). Under the PFAS Action Act the U.S. Environmental Protection Agency (EPA) will be required to add perfluorooctanoic acid (PFOA) and perfluoroactanesulfonic acid (PFOS) […]
Global Natural Gas Outlook: Steep Recovery, Moderate Growth
ADI Analytics was asked to provide an outlook on natural gas markets for CompressorTech2 magazine. Our article was featured in the August-September 2021 edition and provided insights from our research on the outlook of natural gas demand, supply pricing, projects, and implications on international trade. The article also covered the impact COVID-19 had on natural […]
Scope 3 emissions will challenge decarbonization goals of the chemical industry
We wrote in an earlier blog that the Paris Agreement’s goal to limit global warming to well below 2 °C compared to pre-industrial levels will be challenged by decarbonization of several hard-to-abate sectors. The chemical industry is both one of the largest consumers of energy globally and a hard-to-abate sector. A large portion of carbon […]
Regional spotlight: Oil & Gas in Central Asia
Central Asia comprises of Kazakhstan, Turkmenistan, Uzbekistan, Afghanistan, Tajikistan, and Kyrgyzstan. Kazakhstan is the main oil producer in the region, while the rest of the region mainly produces gas led by Turkmenistan and Uzbekistan. As of 2019, the total proved reserves in the region are 31.4 billion barrels of oil and 825.8 trillion cubic feet […]
Decarbonization initiatives in the chemical industry
The Paris Agreement’s goal to limit global warming to well below 2 °C compared to pre-industrial levels will be challenged by decarbonization of several hard-to-abate sectors. The chemical industry along with cement, iron and steel, shipping, and aviation are among the hard-to-abate sectors. Hard-to-abate sectors are highly energy-intensive sectors where fossil fuels serve as the […]
Small-scale LNG: A catalyst for the energy transition
Liquefied natural gas (LNG) is increasingly seen as one of several catalysts to the energy transition. As countries seek to reach their decarbonization goals, they will have to go beyond switching from coal- to natural gas-fired power generation, and explore carbon-efficient options across all energy demand segments. Many countries around the world are now seeing […]
Top 10 ESG Trends in Energy
Investors and consumers are pressuring companies to seriously incorporate Environment, Social, and Governance (ESG) practices into their culture and operations. ESG has gone from a nice-to-have feature to a must-have pre-requisite as it is influencing investments and will ultimately decide winners and losers in the energy market going forward. The pressure of ESG is being […]
