The refining industry faced another challenging year in 2024, with crack spreads plummeting due to weak demand for petroleum products and rising global refining capacity. As we look ahead to 2025, refiners will likely encounter another difficult year with sluggish demand, tight margins, and potential supply disruptions amid ongoing geopolitical tensions. Key trends to watch […]

Global efforts toward Sustainable Aviation Fuel (SAF) continued in February 2025, marked by new partnerships, production milestones, and government support despite some market adjustments. Southwest Airlines reduced its SAF commitment, while Air Products and World Energy advanced refinery expansion plans in the U.S. Haffner Energy and Alexion signed long-term offtake agreements, expanding SAF integration across […]

Resilience through innovation and strategic restructuring is laying the groundwork for a recovery in the chemicals industry. As companies pivot toward high-growth markets and adapt to global challenges, 2025 is expected to bring renewed optimism. Key trends to watch in 2025 include: The rest of this article is available to ADI Plus Essential subscribers. ADI […]

Russia has historically been a major player in the global oil market, not only as a leading crude oil exporter but also as a significant supplier of refined oil products. For years, it has been a key source of diesel, fuel oil, and other refined oil products for Europe, Asia-Pacific (APAC) including China, and CIS […]

In 2025, the U.S. midstream oil and gas industry is expected to see growth opportunities, tied to rising hydrocarbon exports with new pipelines and export capacity planned to alleviate bottlenecks. Key trends to look out for include the following: The rest of this article is available to ADI Plus Essential subscribers. ADI Plus Enhanced and […]

Across the oil and gas industry, there is a growing trend toward sustainability and the reduction of methane emissions, driven by both regulatory requirements and a heightened sense of environmental responsibility. At the federal level, as a part of the Methane Emission Reduction Program, the U.S. EPA has imposed a fee, Waste Emission Charges (WEC), […]

Methane, the primary component of natural gas, is a potent greenhouse gas, significantly more impactful than carbon dioxide over a 20-year period. The midstream sector, responsible for gathering, processing, and transporting natural gas, is a key focus in efforts to reduce methane emissions in the oil and gas industry. Gathering and boosting operations, which collect […]

Global progress in Sustainable Aviation Fuel (SAF) continued in February 2025, driven by new partnerships, infrastructure growth, and policy alignment. Companies such as ENEOS, DHL, and Singapore Airlines expanded SAF supply and collaboration efforts across key markets. The sector continued to evolve through project expansion, financing, and standardization. Boeing, Gevo, and Valero Energy advanced SAF […]

At the 2025 ADI Forum, Rob Helwick, CEO & President, Meridian Chemicals, and Anahita Khanlari, Solution Marketing Director, AspenTech, joined moderator Panuswee Dwivedi, Project Manager, ADI Analytics. The group participated in the specialty chemicals panel. Key topics include the chemical industry’s focus on digitalization, efficiency, and sustainability, driven by market shifts and feedstock challenges. This […]

At the 2025 ADI Forum, Tom Ambrose, Co-Founder & Partner, Black Bay Partners, and Chris Hogan, MD, KeyBanc Capital Markets join Uday Turaga, CEO, ADI Analytics for the investor panel on chemicals day. Key topics include private equity’s robust capital but choppy deal activity due to high interest rates, leading to bifurcated valuations favoring top-tier […]

At the 2025 ADI Forum, Ricardo Estrada, VP, Plastilene Group and Jan Kalfus, Director, Braskem joined moderator Panuswee Dwivedi, Project Manager, for polyolefins panel. They explore polyolefins market challenges like low operating rates and overcapacity amidst rising demand for sustainable solutions. The discussion highlights the economic viability of bio-based and recycled polyolefins and the role […]

At the 2025 ADI Forum, Rajeev Agnihotri, Advisor, Technical Scouting, Innovation, ExxonMobil, and Carol Conomos, Advisor, Mainspring Energy, joined Panuswee Dwivedi, Project Manager, ADI Analytics for the innovation panel on chemicals day. Key themes during the panel included how the chemical industry is rapidly transforming, driven by AI and generative AI for accelerated material design […]