The Germany-based International Sustainability and Carbon Certification (ISCC) recently revoked the certification based on audit documents for two Chinese companies, indicating that some of their raw materials are sourced from Indonesia and Malaysia, including palm oil. The suspension was implemented as part of ISCC’s verification process for fuel sustainability due to inaccuracy of records, lack […]

The U.S. built a little over 3,000 miles of crude oil pipeline capacity during 2018 to 2020 to reach 84,816 miles in 2021, transporting 1.2 billion barrels of crude oil that year. No significant oil pipeline capacity additions have been made since, and U.S. oil production averaged 11.9 million barrels per day in 2022, that […]

The aviation industry has faced significant obstacles in reducing its environmental impact, particularly in terms of greenhouse gas emissions. However, stakeholders across the aviation value chain are now committed to pursuing sustainability objectives. In both, the United States and Europe, policymakers and industry leaders have implemented supportive policies and incentives to promote the widespread adoption […]

Global progress in Sustainable Aviation Fuel (SAF) advanced in June 2023, supported by feasibility studies, financial participation, and government funding. LanzaJet and LanzaTech led new SAF evaluations in New Zealand, while Bank of America became the first financial institution to join American Express Global Business Travel and Shell Aviation’s SAF program. Japan Airlines and Lufthansa […]

U.S. private equity (PE) deals declined in value by 30% in 2022 from the record high of 2021 but dry powder changed marginally. Materials and resources were hard hit and deal value and transactions both fell by ~70% and ~40%, respectively. (Exhibit 1) Exhibit 1: Private equity deals and assets Plastics M&A also fell from […]

The global shift towards low-carbon energy to address greenhouse gas emissions and climate change has prompted major energy companies to transform their operations. This is driving growth in demand for cleaner fuels and their delivery logistics. As a result, we are seeing significant interest in M&A activity in the fuel distribution and logistics segment. Superior, […]

After a few good years, outperforming broader markets in the past decade, the chemicals industry currently faces significant challenges moving forward. Feedstock cost competitiveness and new markets, two of the more significant market drivers, have a positive outlook. However, other drivers are negative, such as the current direction of interest rates, or neutral, such as […]

Global Sustainable Aviation Fuel (SAF) activity gained traction in June 2023, marked by inaugural flights, funding announcements, and new research partnerships. State Grid Space Technology completed its first helicopter flight using SAF in China, while Boeing partnered with the Roundtable on Sustainable Biomaterials to study regional SAF production. The sector also saw infrastructure and investment […]

ADI Analytics launched a multi-client study on geothermal energy, offering a comprehensive outlook on market trends, policy drivers, funding activity, emerging technologies, and project developments. The study also reviews key stakeholders, industry challenges, and strategic implications for market participants. Below are the key topics covered in the study: We welcome you to join this study. […]

Henry Hub gas prices averaged $6.45 per MMBtu in 2022 rising from $3.89 in 2021, driven by increased demand from Europe and the gradual re-opening of China. Prices have since fallen 62% to average $2.46 in 2023. The global LNG sugar rush resulted in LNG prices to rise to over $32 per MMBtu in 2022 […]

With the continuous expansion of the aviation industry, the issue of greenhouse gas (GHG) emissions has become prominent. As per the Department of Energy (DOE), U.S. commercial aviation currently consumes 10% of all transportation energy and contributes 2% of the nation’s CO2 emissions. In response to this concern, the Biden administration has taken steps to […]

Last year, in June 2022, the U.S. Supreme Court ruled that the Environmental Protection Agency (EPA) could not force carbon dioxide emitters in the power sector to switch to clean energy. Rather, the agency could mandate emissions cuts based on technology that could be deployed “within the fenceline” of the power facilities. Earlier this month, […]