Industry: Energy Transition

Refineries are responsible for the production of transportation fuels and other products, such as petrochemicals and lubricants, but they also contribute significantly to global GHG emissions. According to the U.S. Environmental Protection Agency (EPA), refinery GHG emissions in 2023 amounted to 160 million metric tons CO2 equivalent (MMT CO2e), with over 70% resulting from fuel […]

Hydrogen is emerging as a promising option to decarbonize power generation, transportation, and other industries. One of the most significant barriers to scaling up hydrogen use is the lack of a transportation network. Currently, hydrogen is transported via high-pressure tube trailers and liquefied hydrogen tankers, but these methods are not economically feasible for large-scale and […]

Global progress in Sustainable Aviation Fuel (SAF) continued in November 2024, supported by advancing policy measures, corporate collaborations, and technology-driven developments. Government initiatives such as the U.S. House Ways and Means Committee’s 45Z tax credit review underscored growing policy alignment, while International Airline Group secured a SAF supply deal for the U.K. market. Industry partnerships […]

The reelection of President Donald Trump has raised concerns regarding the future of biofuels in the United States, including SAF. With the U.S. expected to produce 40% of global SAF supply through 2028, the already turbulent road to SAF adoption could face increased challenges during President Trump’s second term. SAF stakeholders have four primary concerns, […]

The choice between technical service contracts (TSCs) and production sharing contracts (PSCs) can significantly impact the development of a country’s oil and gas industry.   Technical service contracts (TSCs) are agreements where a company provides technical expertise and services to the state-owned oil company in exchange for a fee. This model can be particularly attractive when […]

The Sustainable Aviation Fuel (SAF) sector advanced in November 2024 through expanded partnerships, infrastructure projects, and new technology collaborations. Organizations such as the California Air Resources Board, Neste, and Air Canada advanced regional SAF availability, while Wizz Air and Airbus initiated a trial program to align with upcoming RefuelEU regulations. The sector also expanded its […]

In the 2024 November ADI chemicals newsletter, we discussed how the chemical industry is experiencing significant shifts, with battery recycling poised for exponential growth due to mineral scarcity and regulatory pressures. Concurrently, companies are strategically expanding production capacities and engaging in mergers and acquisitions to strengthen their market positions, while securing feedstock supply agreements to […]

In the November 2024 edition of the ADI newsletter, we discussed how the U.S. natural gas sector was expanding pipelines to meet rising demand. The 2024 U.S. elections raised questions about future energy policies, and the refining industry faced challenges from declining margins and alternative fuels. Furthermore, stricter methane emission regulations drove technological investments in […]

Decarbonization efforts in the oil and gas sector continue to gain momentum but face significant challenges. In our previous blog, we discussed the challenges oil and gas companies face in reducing upstream greenhouse gas (GHG) emissions and highlighted several initiatives major operators such as ExxonMobil, Chevron, and Shell have made in GHG emissions reduction. However, […]

Electric vehicles (EVs) demand continues to grow, albeit at a slightly slower pace, as ADI has reported previously.  Policy support, falling battery pack and cell prices, rising consumer interest, and innovation by automotive OEMs are all driving this growth resulting in concerns on whether there is enough supply of various critical minerals including  lithium, nickel, and other critical minerals. […]

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 […]