Leading shale operators from oil majors such as ExxonMobil and Chevron to the E&P independents including ConocoPhillips, Pioneer, Oxy, and Diamondback have committed to growing production without compromising returns and sustainability. Achieving this aspiration will require significant cost optimization where recent ADI research and consulting is showing significant progress by E&P companies.  These cost optimization efforts […]

As renewable energy capacity addition accelerates, the renewable energy credit (RECs) can play an important role. But what exactly is an REC and how does it work? RECs are tradable, non-tangible commodities or digital certificates that demonstrate that one megawatt-hour (MWh) of electricity was generated from a renewable energy resource and then delivered to the […]

Policy, regulatory, and sustainability pressures coupled with financial incentives such as the value of Low Carbon Fuel Standard credits in California have led to significant interest and activity in renewable natural gas (RNG) over the past few years.  Maturing business and technology models and the ease of integrating RNG into existing natural gas infrastructure have […]

Over the past few decades, the buzz surrounding nuclear energy has subsided significantly. One of the primary reasons for this downturn is the public memory of catastrophic incidents like Fukushima and Chernobyl which have only further entrenched the perception that nuclear energy is risky. Additionally, the escalating total costs and construction schedule delays associated with […]

Sustainable Aviation Fuel (SAF) progress in July 2023 advanced through airline partnerships, increased investment, and new technology collaborations. Air Canada partnered with Air Company to develop power-to-liquid SAF technology, while the United Airlines Venture Sustainable Flight Fund expanded its investment portfolio and partner network. Research and commercialization efforts also gained momentum. Virgin Atlantic prepared for […]

Global momentum for Sustainable Aviation Fuel (SAF) strengthened in July 2023, advanced through initial commercial deployment, certification milestones, and expanded investment activity. Cathay Pacific completed its first SAF-powered commercial flights, while Korean Air partnered with GS Caltex to conduct SAF test operations. The month also saw regulatory and industry collaboration. The International Sustainability & Carbon […]

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, […]