Industry: Oil & Gas

The transportation sector has the highest reliance on fossil fuels and accounted for 37% of CO2 emissions from end-use sectors in 2021. Various industries of the transportation sector have started researching hydrogen as an alternative fuel source, and in this blog, ADI will look at the technological progress that has been made and some of […]

Oil and gas prices were relatively high in 2022, although they have come down significantly from their highs reached last summer. Despite the drop, oil prices have remained higher than what we have seen for the last seven years, and natural gas was at level not seen in over a decade. Even with these prices, […]

Following the pandemic-induced recession and drop in investments in 2020, global investments in energy have increased. Investments in both fossil fuels and renewables have steadily increased, with renewable energy gaining the most. In fact, investments in renewable energy (solar and wind) are set to surpass oil and gas for the first time ever, with $494 […]

The 2023 ADI Forum featured dual keynotes from Jeff Hammad, CCO of Golden Pass LNG, and Heath DePriest, VP of Renewable Fuels at Phillips 66. With 5 panels and around 20 speakers from Commonwealth LNG, Energy Transfer, Equinor, Crestwood, MAN Energy Systems, and Chevron New Energies, the event covered LNG, upstream and midstream gas, CCUS, […]

At the 2023 ADI Forum, Blake Littauer, President of Puget LNG, shared insights on the future of LNG bunkering. As the shipping industry pushed to cut greenhouse gas emissions by 40% by 2030, LNG had become the leading solution. It offered an established infrastructure, a strong safety record, and immediate scalability. Littauer discussed LNG’s competitive […]

At the 2023 ADI Forum, Victor Toffoli, Sr. Analyst, ADI Analytics, highlighted key trends transforming the refining, fuels, and mobility sectors. From North America’s growing shift toward renewable refinery conversions to significant refinery expansions in Africa, the Middle East, and China, refining capacity is outpacing demand. Crack spreads remain robust, driven by surging diesel prices, […]

At the 2023 ADI Forum, Blake Littauer, President, Puget LNG, joined moderator Uday Turaga, CEO, ADI Analytics, to discuss the limited growth potential for an existing LNG project on the U.S. West Coast. While the facility had the capacity to add a second production unit, the speaker indicated that this expansion faced significant challenges. The […]

At the 2023 FlexPO+ (now incorporated into the ADI Forum), Joseph Gentry, VP, GTC Vorro, and Panuswee Dwivedi, Project Manager, ADI Analytics discussed the shifting aromatics landscape and the future of the aromatics market. China’s growing aromatics self-sufficiency, particularly for polyester, impacted the global market. The U.S. adapted its gasoline-focused refineries to lighter crude and […]

At the 2023 ADI Forum, Diaco Aviki, EVP & COO, Crestwood Midstream Partners, explored how midstream companies were setting themselves apart in an evolving energy landscape. Crestwood’s first priority was to combine with other similar businesses. This merger created a larger operation. Being integrated meant controlling more steps in the process of getting oil and […]

At the 2023 FlexPO+ (now incorporated into the ADI Forum), Joseph Gentry, VP, Licensing, GTC Vorro, joined moderator Uday Turaga, CEO, ADI Analytics on the feedstocks review panel. Key topics included the impact of sanctions on trade flows for feedstocks, particularly diesel and ethane and the role of sustainability measures and bio-based feedstocks in the […]

At the 2023 ADI Forum, Diaco Aviki, EVP & COO, Crestwood Midstream Partners, shared his perspective on the evolving midstream landscape. He discussed Crestwood’s strategy for staying ahead. The company viewed the midstream sector as crucial for both domestic and global energy needs. Crestwood anticipated that the U.S. will need to increase its energy supply. […]

At the 2023 ADI Forum, Heath DePriest, VP of Renewable Fuels at Phillips 66, shared insights on the future of refining, highlighting the need for decarbonization and diversification. By 2035, the refining industry was expected to look vastly different. Refineries would likely evolve into integrated industrial complexes, heavily focused on producing chemicals alongside cleaner fuels. […]