Industry: Oil & Gas

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, Amy C. Davis, VP, Energy Transfer, Lake Charles LNG, explored the evolving landscape of midstream infrastructure. A few years ago, there was a sense of market sufficiency in natural gas and limited support for new LNG export projects reaching the Final Investment Decision (FID). Now, there was strong interest in […]

At the 2023 ADI Forum, Uday Turaga, CEO, ADI Analytics, provided an outlook on the state of oil markets. He detailed U.S. production growth in 2022, which had not yet reached pre-COVID levels. However, he expressed optimism, as U.S. oil production was growing, driven by the Permian Basin and other shale plays. It was expected […]

At the 2023 ADI Forum, Amy C. Davis, VP, Energy Transfer, Lake Charles LNG, and Dan McGinnis, CCO, Commonwealth LNG, joined Uday Turaga, CEO of ADI Analytics, for the LNG and natural gas panel. They discussed regulations and policies affecting LNG project development. Since a key permit (FERC) had been secured, there was concern that […]

At the 2023 ADI Forum, Uday Turaga, CEO, ADI Analytics; Allie Thurmond, Asset Manager, US GoM Exploration, Equinor; Sheldon Harbinson, VP, Computer Modelling Group; and Maryam Schellstede, SVP of Planning and Development, University Lands, discussed shifts in offshore and onshore exploration. Equinor focused on offshore assets in prolific basins, while Canada’s heavy oil sector prioritized […]

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 […]