Disruptions in Russia and the Middle East have removed up to 3 million barrels per day of refining capacity from global markets. Diesel prices have responded accordingly. U.S. diesel prices recently exceeded $6.50 per gallon, U.S. Gulf Coast LLS diesel crack spreads moved above $100 per barrel, and U.S. distillate inventories fell to approximately 107 […]

In a previous article, we discussed how rising electricity demand is forcing utilities to accelerate investments in generation, transmission, and distribution infrastructure. Data centers have become one of the largest drivers of that growth, leading utilities across the country to propose billions of dollars in new projects to maintain reliability and serve future load. Most […]

Last week, we attended and presented ADI Analytics‘ perspectives at the U.S. – Middle East & North Africa Natural Gas Midstream Reverse Trade Mission in Houston.  Delegates from Egypt, Jordan, and Morocco discussed plans at the event sponsored by the U.S. Trade & Development Association for LNG imports, pipelines, gas storage, gas-to-power projects, and broader […]

Because most Permian natural gas is associated gas produced alongside oil, operators can often end up with more gas than local markets can absorb. With limited pipeline capacity to move those volumes out of the basin, producers may be forced to sell gas at steep discounts or even pay others to take it, resulting in […]

China’s sustainable aviation fuel (SAF) exports are growing rapidly, with the European Union serving as its primary destination. Total SAF exports from China reached ~138 million gallons in the first half of 2026, with Belgium, the Netherlands, and Spain among the largest importers (see Exhibit 1). Exhibit 1. China’s SAF export volumes and destinations through […]

ADI’s SAF Tracker highlights progress across the SAF value chain, with Eco2fly signing an MoU with Volotea to supply eSAF from its planned Spain project, and Synhelion advancing its planned eSAF plant in Germany by appointing Saipem as pre-FEED contractor. Expander Energy also selected Axens for Fischer-Tropsch liquid upgrading technology at its two planned Canadian […]

While diesel production in the Americas increased through the first half of 2026, output in Europe and Asia declined, increasing reliance on North American exports to help balance global supply. This comes at a time when middle distillate markets remain critical to freight, industrial, and commercial activity, making reliable diesel supply increasingly important for many […]

In September 2026 edition of the ADI Chemicals Newsletter, chemical portfolio realignment continued to accelerate. Shell is exploring the sale of its U.S. chemicals business, while TotalEnergies acquired Shell’s European renewables unit and Lotte Chemical moves to divest its Southeast Asian petrochemical subsidiaries. Sika expanded its adhesives and sealants footprint in Turkey, and Mitsui increased […]

SAF investment scaled across offtake, production, and technology. EVA Air signed an MoU with AIT Worldwide Logistics to provide SAF environmental attributes supporting Microsoft’s Scope 3 emissions reductions, while Shanghai Electric Group broke ground on the next phase of its green fuel complex in China. Sumitomo Heavy Industries began trial operations at a biomass gasification […]

In the September 2026 edition of the ADI Newsletter, ADI examines the fallout from Middle East supply disruptions and structural gaps in the critical minerals race. LNG markets absorbed most of the Hormuz-related disruption, with prices largely returning to pre-conflict levels, suggesting more limited lasting impact than initially predicted. China continues to lead in critical […]

The U.S. government is spending real money on critical minerals right now. On August 7, 2026, the Department of Energy launched a $100 million program to train more mining engineers. It’s one of several moves happening at the same time, alongside price guarantees, tariffs, and new sourcing rules. None of it changes the basic picture: […]

Part of ADI Analytics’ ongoing coverage of the implications of the Iran conflict across oil & gas, LNG, refined products, and chemicals. Analysts have been quick to predict permanently altered LNG trade flows, structurally different chemical markets, and a new global energy order following the Iran conflict. Several months into the conflict, the evidence points […]