As one of the earliest adopters of carbon capture and sequestration (CCS), the oil and gas industry has contributed significantly to the development of CCS processes over the last five decades. Recently, prominent oil and gas companies such as Chevron, ExxonMobil, Phillips 66, and TotalEnergies have announced new CCS projects across the oil and gas […]
Floating light: The potential of hydrogen as a marine fuel
The global shipping industry is one of the hard-to-abate industries when it comes to decarbonization. While it constitutes a small share of global CO2 emissions today, it may see astronomical amount of growth if left unchecked. Global shipping industry demand is expected to see a 275% increase by 2050 compared to 2020 levels. To address […]
Decarbonizing the shipping industry: Methanol and ammonia as marine fuels
On January 1, 2020, a new rule by the International Maritime Organization (IMO), known as “IMO 2020”, came into force and marked a significant milestone for the shipping industry. This rule limited the sulfur content in fuel oil used on board ships to 0.5% mass by mass, compared to the previous limit of 3.5%. Since […]
Carbon offsets: Salvation or a swindle?
After the Paris Agreement entered into force and became a legally binding international treaty on climate change in 2016, 193 signatories were tasked to develop an approach toward successfully reducing greenhouse gas (GHG) emissions. Solutions exist today to reduce emissions rapidly while supporting economic growth and improving quality of life, but they are not yet […]
2022 Energy Transition Outlook: Messiness as a Measure of Progress?
Energy transition advanced rapidly through the collective public consciousness in the past two years although starting this past summer, it has run into significant challenges. To a large extent though, both energy transition’s progress in 2020 and the challenges of 2021 were more conceptual than rooted in concrete form. Investor-led demand for a greater focus […]
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 […]
ESG trends in refining
Environmental, Social, and Governance (ESG) issues have been all the rage in the oil and gas industry. These have impacted upstream, midstream, and downstream as we have written in the past. Refining is no exception and is facing considerable pressure. Last week, Phillips 66 and Marathon Petroleum both announced plans to partner with Southwest Airlines […]
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