Industry: Natural gas & LNG

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 […]

In the September 2024 edition of the ADI newsletter, we analyzed the trends in U.S. natural gas prices and spotlighted emerging green electricity solutions for decarbonization. We shared highlights from the 2024 ADI Forum, featuring expert insights on LNG, CCUS, and private equity in chemicals. We explored how AI is transforming mining operations and why […]

The Voluntary Carbon Market (VCM) is a dynamic space brimming with potential to combat climate change. It facilitates the trade of carbon credits, each representing one ton of verified CO2 equivalent emissions reduction. Companies and individuals can purchase these credits to offset their unavoidable emissions and contribute to climate action. However, like any nascent market, the VCM is experiencing growing […]

In a previous blog post, we discussed the difficulties of reducing greenhouse gas (GHG) emissions in the chemical industry. Similar challenges also exist in the oil and gas industry, particularly in the upstream sector, which is known for being one of the most difficult sectors to reduce GHG emissions. According to the International Energy Agency […]

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 – […]

Recent decisions by governments and energy companies highlight a growing focus on energy security over energy transition. South Korea, a leading importer of fossil fuels and home to some of the largest chemical companies in Asia Pacific, recently commissioned geophysical exploration that showed likelihood of 14 billion barrels of oil and gas off the coast […]

The clean energy revolution is upon us, and the U.S. grid is feeling the growing pains. A staggering 2,600 gigawatts (GW) of renewable energy projects, primarily solar and wind, are lined up waiting to connect to the grid . This clean energy tsunami is more than double the existing generating capacity in the U.S., signifying […]

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 […]

Natural gas prices are hitting rock bottom, with Henry Hub averaging a mere $1.49 in March 2024, the lowest monthly average since 1997. Shale operators are responding by curtailing production. Chesapeake, a leading producer, started the trend with cuts announced in early March. Other companies like Coterra Energy, Comstock Resources, EQT, and CNX Resources have followed suit, reducing drilling activity or implementing production curtailments. ADI anticipates […]

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 Biden Administration’s recent pause on permits for LNG exports to non-FTA countries has sparked industry-wide debate. While motivated by climate concerns, the pause could delay the retirement of coal-fired plants in emerging economies, paradoxically slowing greenhouse gas (GHG) reductions. The U.S. has successfully cut its CO2 emissions by 18% since 2005, largely by switching […]