Industry: AI and digital

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AI is accelerating R&D, capital projects, and operations in chemicals

Like many industries, the chemical industry is benefiting from advancements in artificial intelligence (AI), machine learning (ML), and cloud computing capabilities. Both large tech companies and small startups are capitalizing on the capabilities of AI to spur development in the chemical industry. Research and development, process design, supply chain management, and predictive maintenance are the […]

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How large can the AI market grow?

Recent developments in artificial intelligence (AI), machine learning (ML), cloud computing, and other technologies are leading to rapid implementation in various industries around the world. These developments have only been possible due to recent increases in computing power and availability of vast datasets needed to train AI programs. This along with improved algorithms for training […]

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LNG export permit pause: Market implications

The Biden Administration’s recent pause on permits for LNG exports to non-FTA countries has sparked industry-wide debate. While motivated by climate concerns, the pause could delay the retirement of coal-fired plants in emerging economies, paradoxically slowing greenhouse gas (GHG) reductions. The U.S. has successfully cut its CO2 emissions by 18% since 2005, largely by switching […]

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AI innovation in energy and chemicals

At the 2024 ADI Forum, George Skoptsov, CEO, H Quest Vanguard; Brendan Walsh, Sales Director, Americas, Origina; and Anahita Khanlari, Marketing Director, AspenTech, joined Uday Turaga, CEO, ADI Analytics, for the innovation panel. Key topics included the integration of AI and digital technologies into traditional industries such as energy and chemicals. The discussion explored how […]

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How digitalization is transforming the oil & gas industry

At the 2024 ADI Forum, Sheldon Harbinson, VP, Americas, CMG; Soudip Chowdhury, CEO, Eugenie; and Rohan Irvin, Senior Engineer, ResFrac joined Panuswee Dwivedi, Project Manager, ADI Analytics, for the panel on digital in oil & gas. Key topics included the accelerating digitalization of the oil and gas industry for efficiency and sustainability. A central theme […]

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2024 Upstream outlook: Opportunities, growth, and industry trends

In 2024, the upstream oil and gas industry is expected to experience notable changes influenced by developments in 2023. From the ongoing wave of consolidation and the maturation of the U.S. shale sector to pivotal shifts in Latin America, Africa, and Asia, the industry is adapting to new dynamics. Technological advancements, particularly in digitalization and […]

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The rising tide of capital investments in U.S. utilities

The U.S. energy landscape is undergoing a significant transformation leading to an impressive increase in capital expenditure (capex) in the utility sector. This upsurge in investment is fundamentally changing how energy is generated, transmitted, and consumed throughout the country. Several tailwinds are propelling the growth of capital investments in the utility sector in the U.S.: […]

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Leveraging digital tools and modeling for shale resource evaluation

At the 2023 ADI Forum, Uday Turaga, CEO, ADI Analytics; Sheldon Harbinson, VP, Computer Modelling Group; Allie Thurmond, Asset Manager, US GoM Exploration, Equinor; and Maryam Schellstede, SVP of Planning and Development, University Lands participated in discussions on digital transformation in energy, highlighting the shift from siloed technologies to integrated end-to-end solutions. While adoption had […]

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Key upstream oil and gas trends to watch in 2023

At the 2023 ADI Forum, Allie Thurmond, Asset Manager, US GoM Exploration, Equinor; Sheldon Harbinson, VP, Americas, CMG; and Maryam Schellstede, SVP, Planning and Development, University Lands, joined moderator Uday Turaga, CEO of ADI Analytics, for the upstream oil and gas panel. The discussions on digital transformation in energy highlighted the shift from siloed technologies […]

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Unlocking new potential for CCUS and clean energy

At the 2023 ADI Forum, KC Littlefield, GM, Tech. Commercialization CCUS, Chevron New Energies; Chris Fraughton, Director of CCS & Heat Pumps, MAN ES; and Brandon Schwertner, CEO, Priority Power Management, joined moderator Uday Turaga, CEO, ADI Analytics, on the Decarbonizing O&G / CCUS panel. During the conversation, concerns were highlighted about the environmental impact […]

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Overcoming sustainability challenges in the chemical industry

At the 2023 FlexPO+ (now incorporated into the ADI Forum), Steve Brown, CEO, Chemstations, joined the innovation panel. This was moderated by Uday Turaga, CEO, ADI Analytics. He explored how digital tools like process simulation enabled companies to optimize operations, cut waste, and meet changing regulations. These tools position the chemicals industry for a more […]

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From concept to execution: The power of process modeling

At the 2023 FlexPO+ (now incorporated into the ADI Forum), Steve Brown, CEO, Chemstations, joined the innovation panel, moderated by Uday Turaga, CEO, ADI Analytics. Brown said that chemists could significantly accelerate new material development by leveraging process simulation tools. This focus on the power of process modeling applied to real-world application in chemicals. The […]