Industry: Natural gas & LNG

While 2020 presented unprecedented challenges for global petroleum refiners due to pandemic-induced demand destruction, 2021 proved unexpectedly frustrating. Despite progress towards normalcy, persistent COVID-19 variants hindered the anticipated full recovery of oil and gas markets.

The global chemical industry experienced a rapid, albeit unstable, recovery in 2021, with stabilization anticipated in 2022.

Despite anticipated slower growth and reduced capital spending in the U.S. midstream sector in 2022, driven by factors including policy changes and shifting capacity needs, international markets and energy transition initiatives like carbon capture and hydrogen offer growth opportunities, while Europe’s gas shortage may spur storage capacity increases.

Faced with COVID-19 challenges, mining operators in the preceding year focused on resilience, investor confidence, ESG, and capital/operational discipline. These priorities, alongside complexities identified in 2021, remain pertinent for the industry in 2022.

The global LNG market experienced strong, albeit volatile, growth in 2021 due to post-COVID recovery, winter, and decarbonization.

Due to midstream capacity issues operators’ flaring has become a serious problem in areas like the Bakken. However, there are many new emerging technologies and strategies that may reduce flaring.

Before COVID-19, several new pipelines came online and the natural gas transport capacity outstripped supply. However, demand disruption suddenly forced operators to cut on capital spending which resulted in a decline in the associated gas production. What is the future of pipeline infrastructure with a rebound in oil prices?

ADI’s blog series examines Latin American refining and fuel demand, previously covering Brazil and Mexico. Today’s blog focuses on Chile’s import reliance, drawing from their study, “Market Outlook for U.S. Refined Products Exports to Latin America.”

A key growth driver behind liquefied natural gas (LNG) demand has been environmental policy and regulatory pressure driven by decarbonization and air quality improvement goals. The Paris Agreement signed in 2016 aims to restrict greenhouse gas (GHG) emissions and slow the global temperature rise to 2 °C above pre-industrial levels. The Philippines committed to the […]

Natural gas markets and prices are boiling these days with European and Asian buyers falling over themselves to secure supplies The boil is roiling global markets through a domino effect that is impacting everything including power and heating bills, fertilizer and aluminum plants, carbonated sodas and turkeys for Christmas feasts, energy transition, and global economic […]

How will hydrogen by transported if Energy Transition picks up the pace? Can existing pipelines help meet growing hydrogen demand?

We continue our coverage of refined product exports to Latin America with a profile of Mexican fuel imports.