Industry: Refining & fuels

Ever since Russia invaded Ukraine on February 24, 2022, western countries have spent a lot of time cutting ties with Russia and enacting sanctions to financially pressure them, with a particular emphasis on their fossil fuel industry. With more than a year passing since the start of this war, in this blog, we take look […]

The Uinta basin, located in northeast Utah, is starting to gain some attention from oil and gas players. The basin’s ~120 thousand bpd of production pales in comparison to the Permian’s ~5.6 million bpd produced today. However, production of the basin’s waxy crude has rapidly been increasing (Exhibit 1), and refiners continue to desire this […]

President Joe Biden kicked off the decarbonization race by signing two monumental pieces of legislation: the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA), which designated $370 billion in new funding for green infrastructure. In response, the European Commission recently announced the Green Deal Industrial Plan (GDIP). The plan will divert […]

AMERICAS Shintech seeks permit for ethylene plant Shintech has applied for a permit from the Louisiana Department of Environment Quality for the construction of a 500 KT ethylene plant. A site for the plant has not been chosen yet. Comments: Shintech, the U.S. subsidiary of Shin-Etsu Chemical has recently focused on a strategy of backward […]

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 […]

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 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, 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. […]

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, 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, […]

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 […]