Industry: Oil & Gas

The Germany-based International Sustainability and Carbon Certification (ISCC) recently revoked the certification based on audit documents for two Chinese companies, indicating that some of their raw materials are sourced from Indonesia and Malaysia, including palm oil. The suspension was implemented as part of ISCC’s verification process for fuel sustainability due to inaccuracy of records, lack […]

The aviation industry has faced significant obstacles in reducing its environmental impact, particularly in terms of greenhouse gas emissions. However, stakeholders across the aviation value chain are now committed to pursuing sustainability objectives. In both, the United States and Europe, policymakers and industry leaders have implemented supportive policies and incentives to promote the widespread adoption […]

The global shift towards low-carbon energy to address greenhouse gas emissions and climate change has prompted major energy companies to transform their operations. This is driving growth in demand for cleaner fuels and their delivery logistics. As a result, we are seeing significant interest in M&A activity in the fuel distribution and logistics segment. Superior, […]

After a few good years, outperforming broader markets in the past decade, the chemicals industry currently faces significant challenges moving forward. Feedstock cost competitiveness and new markets, two of the more significant market drivers, have a positive outlook. However, other drivers are negative, such as the current direction of interest rates, or neutral, such as […]

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 […]

With the continuous expansion of the aviation industry, the issue of greenhouse gas (GHG) emissions has become prominent. As per the Department of Energy (DOE), U.S. commercial aviation currently consumes 10% of all transportation energy and contributes 2% of the nation’s CO2 emissions. In response to this concern, the Biden administration has taken steps to […]

ADI Analytics’ Panuswee Dwivedi and Uday Turaga, both gave presentations at this year’s INFORMED’s Oilfield Minerals and Markets Forum 2023 on May 9, 2023. Dwivedi, a Project Manager at ADI, gave the assembled crowd an overview of the Oil & gas supply demand outlook for the year. She provided a thorough and interesting outlook for […]

Nova chemicals launches metallocene film grade PEs –SURPASS Nova chemical is launching four film grade resins –the first of its new high-performance PE resins underSURPASS trade name, produced with NOVA SCLAIRTECH technology using proprietary single-site catalysts. SURPASS resins deliver a unique combination of properties like toughness, tear strength, clarity and processability. The grades include FPs […]

Compressors are used in a wide range of applications in the oil and gas, energy, and petrochemical industries. The growing hydrogen, carbon capture, biofuels, and other energy transition markets present new opportunities for compressor companies. Many of these industries are being built from the ground up, offering years of growth for compressors and related equipment […]

U.S. crude oil imports landscape is about to undergo a significant shift with the upcoming completion of the Trans Mountain Expansion Project (TMX) in early 2024. The expansion aims to facilitate the transportation of heavier varieties of crude from Alberta’s oil sands to British Columbia (BC). As we move closer to the project’s operational date, […]

The transportation sector is a major contributor to global greenhouse gas (GHG) emissions but is also at the forefront of energy transition. ADI has previously written about electrification of transportation and the supporting infrastructure needs and alternative fuels such as hydrogen and bio-based ethanol. U.S. diesel demand in 2019 was 122 million barrels and despite […]

The global human population reached 8.0 billion in November 2022. According to the U.N., it is expected to further expand 0.7% annually to 9.7 billion in 2050. Keeping pace with the population growth is the global GDP growth expected to grow 2.2% annually through 2050. These key drivers will result in significant growth in construction […]