Industry: Midstream & NGLs

On November 5th Americans will vote for their next president. This election can feel like déjà vu, as the two main candidates are the same as in 2020. According to current polls and reports, the race is expected to be tight. The first debate is scheduled for June 27th and might help inform voters – […]

As discussed in a previous blog, AI is expected to drive growth in the global economy and the oil and gas industry is no exception. AI is being implemented across the oil and gas value chain and finding uses in everything from exploration to refining. In exploration, AI and machine learning (ML) tools are being […]

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 […]

Ammonia is mainly used in fertilizer production which represents ~70% of global ammonia demand. A rising population is expected to support consistent ammonia-based fertilizer demand growth in the medium term. Traditionally, ammonia has been produced via steam methane reforming (SMR) or auto-thermal refining (ATR) of methane gas which can emit 1.9 to 2.6 tons of […]

The midstream industry had a favorable year in 2023, witnessing higher investment, M&A, and notable progress in infrastructure development. Looking forward to 2024, we expect a mixed but business as usual outlook for the midstream industry. Key trends to keep an eye on are the following: – Bhautik Gajera

Qatar Petrochemical and Total plan petrochemicals complex Qatar Petrochemical Company announced the signing of a contract with Total to build a petrochemical plant at a cost of $1.2 billion to produce polyethylene in the state. Qatar Petrochemical Company Limited will own 63 percent of the project while Total would own 36 percent and Qatar Petroleum […]

Basell to acquire Solvay Engineered Polymers, Inc. Basell, the global leader in advanced polyolefins, announced that it has signed a definitive agreement with Solvay by which Basell will acquire Solvay Engineered Polymers, Inc., a leading supplier of polypropylene compounds in North America. The transaction is subject to relevant regulatory approvals and is expected to close […]

Henry Hub gas prices averaged $6.45 per MMBtu in 2022 rising from $3.89 in 2021, driven by increased demand from Europe and the gradual re-opening of China. Prices have since fallen 62% to average $2.46 in 2023. The global LNG sugar rush resulted in LNG prices to rise to over $32 per MMBtu in 2022 […]

DuPont starts up $500-Million Kevlar plant DuPont has started up a $500-million Kevlar para-aramid fiber plant in Cooper River, SC, the company says. The plant will begin supply customers at the end of the year. The plant, combined with a $50 million expansion at an existing Richmond, VA facility, increases global Kevlar capacity by 25%. […]

ConocoPhillips splitting in two, fate of plastics operations undecided ConocoPhillips Co. is splitting itself into two independent companies, but just which one will oversee its plastics joint venture may not be decided for “several months.” The Houston-based company announced its plan July 14 to spin off its downstream operations to create one firm overseeing refining […]

Asahi Kasei to build S-SBR plant in Singapore Asahi Kasei Chemicals held a groundbreaking ceremony in Jurong Island, Singapore, for the first phase of construction of a new plant to produce solution-polymerized styrene-butadiene rubber (S-SBR). Asahi Kasei Chemicals is expanding S-SBR operations as a world-leading business, with the new plant in Singapore representing a major […]

In the October 2020 edition of the ADI newsletter, we explored the energy policy contrasts between U.S. presidential candidates Donald Trump and Joe Biden, providing a concise summary of their stances ahead of the election. This issue also dove into the evolving role of ESG in the industrial sector, evaluated the impact of EPA’s Quad […]