Industry: Oil & Gas

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 […]

The ADI Forum, launched in 2017, quickly became ADI Analytics’ flagship oil and gas conference, exceeding expectations in industry engagement and thought leadership. The event brought together leaders across the entire oil and gas value chain, including upstream, oilfield services, midstream, LNG, refining, and petrochemicals. Its primary goal was to provide attendees with a strategic […]

After a tumultuous recovery in 2021, the global chemical industry was expecting a strong rebound in 2022. Feedstock supply constraints, high energy prices, and slowing economic conditions, however, dampened the industry’s performance in 2022.  A number of these challenges will persist and likely intensify in 2023 and continue to challenge the industry.  Key trends with […]

The oil & gas midstream industry faced multiple challenges in 2022: an increase in demand for American LNG from Europe, growing emissions and ESG pressures, volatile margins and markets, and rising gas and oil production. In 2023, we expect similar challenges and dynamics that will test midstream markets again.  Some of these challenges and dynamics […]

Going into this past year, 2022 was meant to be the beginning of the end for petroleum refiners, but another spanner was thrown in the works. With most countries coming out of lockdown and entering post-COVID life, the expectations were that a lot of the trial and tribulations of the past two years would leave […]

The energy transition continued to move full steam ahead in 2022 with passage of the Inflation Reduction Act (IRA) in August 2022 kicking it into full gear. This monumental legislation supplemented the previous Infrastructure, Investments and Jobs Act (IIJA), passed in 2021 and provided unprecedented funding to clean energy and climate initiatives. These incentives include […]

The global LNG market was influenced by some unprecedented factors in 2022. Europe significantly grew their LNG imports driving LNG prices to astounding highs. U.S. emerged as the top exporter in spite of an emergency shutdown at Freeport LNG. High shipping rates also plagued LNG markets along with limited supply and growing sustainability pressures. All […]

Upstream oil and gas fared well in 2022. Despite oil prices falling over 30% from their summer highs, oil and gas prices remain elevated, with WTI prices over $70 per barrel and natural gas at prices not seen since 2008.  Net income in 2022 is expected to double from 2021 for oil and gas producers, […]

After nearly a decade of stagnant growth, geothermal energy may be poised for a period of growth again. New technologies, new investors, and technological innovations for geothermal systems including enhanced geothermal systems (EGS), supercritical geothermal, and advanced geothermal systems (AGS). A discussion of these systems can be found here. Changing Landscape One of the biggest […]