Industry: Energy Transition

Petroleum refiners globally are experiencing reduced margins in 2024 compared to the previous year, as illustrated in Exhibit 1. The 3:2:1 crack spread has fallen sharply in several regions. Amsterdam-Rotterdam-Antwerp (ARA) has seen its refinery margins fall from $24/bbl to $8/bbl, a drop of 66%. Los Angeles has also faced a sharp decline, with margins […]

Global Sustainable Aviation Fuel (SAF) progress in October 2024 was driven by airline partnerships, government initiatives, and technology innovation. Qatar Airways, Virgin Australia, and IAG Cargo strengthened supply commitments, while Southwest Airlines and Signature Aviation expanded offtake agreements in the U.S. to enhance SAF accessibility across airports. The month also saw stronger policy and technology […]

The Sustainable Aviation Fuel (SAF) sector made steady progress in October 2024, supported by new supply agreements, feedstock developments, and international collaborations. The Minnesota SAF Hub, DB Schenker, and Kuwait’s Burgan Bank strengthened supply and logistics efforts, while the International Civil Aviation Organization and the International Renewable Energy Agency agreed to collaborate on accelerating SAF […]

Beginning with the 2016 Presidential election in the U.S., ADI has been publishing a summary of energy policy proposals by the leading candidates. Our summary has typically collected the positions of the two candidates on key energy issues, and we have tried to be objective by using their own words – made through statements reported […]

The demand for lithium is on the rise due to its role as a crucial component in electric vehicle (EV) batteries and energy storage systems.  Major oil and gas companies such as Equinor and ExxonMobil are seizing opportunities in this growing market. ExxonMobil is constructing a lithium production facility in Arkansas and has recently secured […]

The aviation industry stands at a critical crossroads in its journey toward sustainability. In recent years, interest in SAF has surged, with airlines making significant commitments to incorporate this fuel into their operations, while governments around the world are launching initiatives to enhance SAF production and adoption. The Biden Administration’s SAF Grand Challenge, for instance, […]

Selecting the site for a new hydrogen project, chemicals plant, or renewable energy facility can be a long and rigorous process. The Inflation Reduction Act (IRA) is driving investment into new energy transition projects, but location is often a critical factor in a project’s success. Whether it’s the company’s first, second, or hundredth facility, finding […]

In the 2024 October edition of the ADI newsletter, the U.S. energy sector faced significant shifts, with the presidential election poised to reshape policies and impact markets such as sustainable aviation fuel (SAF), which is experiencing both strong demand and project setbacks. The path to widespread sustainable aviation fuel (SAF) adoption faced challenges despite strong […]

Global progress in Sustainable Aviation Fuel (SAF) accelerated in September 2024, driven by international cooperation, airline commitments, and infrastructure expansion. IATA launched a SAF platform to connect developers and investors, while China Eastern Airlines completed its first commercial SAF-powered flight. Major partnerships such as TotalEnergies–Air France-KLM and PT Pertamina–Airbus highlighted continued momentum in long-term supply […]

Global momentum for Sustainable Aviation Fuel (SAF) advanced in September 2024, driven by new emission goals, pilot projects, and strategic investments. Mercedes-AMG PETRONAS F1 committed to significantly cutting aviation emissions, while Malaysia outlined a national roadmap to achieve net-zero aviation emissions. The month also marked growing investor and industry participation. Brookfield Asset Management made its […]

ADI has been reporting about struggling natural gas prices over the past year. U.S. natural gas prices have been on a rollercoaster again this year despite the country emerging as the top LNG exporter globally. Henry Hub benchmark prices started at $3.18 per MMBtu in the beginning of this year but fell to $1.49 per […]

The greenhouse gas (GHG) footprint of plastics continues to find attention with a recent report published by researchers at Lawrence Berkeley National Lab (LBNL) in April 2024. In the past, this issue was looked at by McKinsey in July 2022 when they estimated life cycle GHG emissions of plastics. According to the LBNL report, in […]