Industry: Natural gas & LNG

Chemical industry summary The anticipated secular recovery of the global crude oil market appears to be faltering under the pressure of strong production output and sustained high inventory levels. In July, Saudi oil output rose 123,000 barrels per day to hit a level of 10.67 million bpd. Russian crude exports are up nearly 5% to […]

The Panama Canal expansion now accommodates post-Panamax vessels, potentially impacting crude oil, LPG, and LNG trade markets.

Bolivia’s YPFB employs an LNG virtual pipeline system, transporting LNG via tanker trucks from the Rio Grande liquefaction plant to supply natural gas to the remote towns of San Julian, San Jose de Chiquitos, and Tupiza, bypassing existing pipeline networks.

Chemical industry summary  With the Q2 earnings season in sight, financial analysts are forecasting flat year-on-year earnings results from any chemical companies, with a relative balance of puts and takes from last year’s performance. However, it is likely that industry leaders will note some encouraging signs on the horizon, with several industries seeing modest improvement […]

In 2014, China’s LNG demand reached a peak of 2.7 bcfd, ranking it third globally behind Japan and South Korea. Subsequently, economic deceleration led to the first decline in Chinese LNG imports since their inception in 2006.

Historically tolerated cost overruns are now untenable due to depressed oil prices, necessitating cost reduction strategies for offshore operators to achieve breakeven and project profitability.

Chemical industry summary Recent news for global chemicals has been dominated by M&A. This week, Westlake Chemical announced that the board of its acquisition target Axiall has agreed to sell the company for the significantly improved offer of US$33 per share representing an enterprise value of US$3.8 billion. This valuation is a 31% increase from […]

In April of 2016, ADI Analytics presented at the GPA convention in San Antonio, Texas. The convention featured forums over LNG, safety, midstream operations, midstream technology, project economics, and navigating regulatory environments. Uday Turaga, CEO of ADI Analytics, presented “New Technologies to Reduce Natural Gas Flaring”. The presentation can be found below. Please fill form […]

ADI Analytics recently spoke at the Energy Construction Forum, marking their second appearance at the event. Tyler Wilson presented “Strategies to Address Cost and Schedule Risks with LNG Projects.” This presentation highlighted how a growing supply of affordable shale gas has increased interest in gas monetization, with LNG being a top choice. However, many proposed […]

Chemical industry summary The first quarter of the 2016 financial reporting season has been concluded with results generally consistent with forecasts. US-based paint and home supply companies generally reported improved results on a year-on-year basis, with high gross margins due to a benign raw material cost environment. Commodity chemical producers report softer year-on-year revenues but […]

In April 2016, ADI’s CEO, Uday Turaga, spoke at the Oil & Gas Supply Chain Forum in Houston. He discussed evolving supply chains for operator pain points. The two-day event featured 20 experts. They covered supply chain issues, technology gaps, and operator needs. The oil and gas production facilities market dropped 20-30% in 2015. Further […]

Chemical industry summary Mergers and acquisitions and cost savings activities dominate the chemical industry as companies continue to grapple with shrinking demand and softening chemical margins. The proposed merger of US chemical giants DuPont and Dow Chemical appears to be proceeding well with minimal significant anti-trust issues. There are reports that BASF will make a […]