The great midstream buildout seems to be over, at least for now. In 2020, midstream operators delayed and canceled projects in efforts to slash capital spending due to the uncertainty of Covid-19. Operators also worried about E&Ps, many of whom were facing the prospects of bankruptcy, and renegotiated existing agreements to ensure their survival as […]

The COVID-19 pandemic in 2020 forced the oil and gas upstream sector into a survival mode characterized by drastic CAPEX reductions, postponed deals, and widespread renegotiations due to plummeting crude oil prices and demand.

LNG has in recent years transformed into an exciting fuel market. Decarbonization efforts and policies, low costs, and regulatory pressure to lower toxic gas emissions have driven demand for LNG. Global LNG demand and capacity have grown at 5.1% and 5.8% per year, respectively, in the past decade. The U.S. has emerged as a major […]

The COVID-19 pandemic severely impacted the global refining sector, causing dramatic fuel demand cuts, especially in transportation, which led to oversupply and plummeting margins. In response, refiners worldwide reduced utilization and altered product yields. They also slashed capital spending, deferred projects, and even shut down or converted facilities. While global fuel demand remains subdued with […]

At the 2021 webinar during the SPE International Polyolefins Conference, Uday Turaga, CEO of ADI Analytics, discussed how plastic recycling had evolved in the wake of COVID‑19. ADI Chemical Market Resources (CMR), which had been part of ADI Analytics since late 2017, highlighted key industry shifts, emerging challenges, and the innovations that were driving a […]

In the January 2021 edition of the ADI newsletter, we explored key developments shaping global energy markets. Highlights included an outlook on the energy transition’s momentum in 2021, a detailed review of North American refining trends and forecasts from ADI’s Downstream Market Advisory, and insights from a new study on the potential of small-scale LNG […]

In the January 2021 edition of the ADI chemicals newsletter, we highlighted the launch of FlexPO+ Digital Conversations and reviewed global economic recovery trends post-COVID-19. This issue also covered major industry developments, including new U.S. sanctions on Iranian petrochemical trade, major contracts like Inter Pipeline’s selection of Worley, and Air Products’ new supply deal in […]

In the December 2020 edition of the ADI chemicals newsletter, we covered private equity’s chemical industry outlook post-COVID-19, alongside signs of global economic recovery despite a projected 2020 GDP drop. The industry saw actions on plastic pollution, a LyondellBasell acquisition, a Formosa project pause, biofuel and recycling developments, and various international projects and business activities.

Natural gas producers face multiple drivers for sulfur removal.

Competitive renewable power can drive power-to-gas in some regions.

President-elect Joe Biden has committed to build 500,000 electric vehicle (EV) chargers by 2030. However, United States is expected to have nearly 15 million electric vehicles (EVs) by 2030. EV adoption is expected to be fueled by decarbonization goals, decreasing battery costs, growing efficiency, and EV model growth. Another important driver that will drive EV […]

U.S. refiners and majors have announced several closures of refineries.