ADI was engaged by an American specialty chemicals manufacturer to assess the economic drivers behind existing and proposed regulations and policies impacting biofuels and renewable fuels globally. This comprehensive assessment involved: Contact us to learn more
2023 Refining Industry Outlook: A year of recalibration
Going into this past year, 2022 was meant to be the beginning of the end for petroleum refiners, but another spanner was thrown in the works. With most countries coming out of lockdown and entering post-COVID life, the expectations were that a lot of the trial and tribulations of the past two years would leave […]
Which ships will adopt LNG first?
Recently, we discussed LNG bunkering infrastructure across the globe and showed two different ways of building that infrastructure; through onshore and offshore bunkering facilities. If we assume that the LNG bunkering infrastructure will be constructed the next question to ask is “What ships will be most likely to adopt LNG first?” To do this, we […]
Lighting Well Pads with Advances in Power Generation
Unconventional oil and gas production has taken operators into areas that lack accessibility to electricity from the grid. While most operators believe that they will be connected to the grid within two years of drilling, that is still two years where operators have to produce their own electricity. An average oil and gas well typically […]
Understanding Octane Value in North America
The value of an octane barrel has risen significantly in recent years going from $2.10 in 2010 to $3.99 in 2015. This has surprised industry analysts since the refining industry has been blending a growing amount of ethanol, which has an octane rating of ~113, and the general consensus was that the industry had a […]
Fueling Transportation with Natural Gas
Thanks to shale gas, natural gas production is outpacing demand and available cheaply. As a result people are looking for new ways to use natural gas. One way is to use natural gas as a transportation fuel for heavy-duty trucks and marine ships. The main driving force behind such applications would be a price difference […]
The return of the refiner?
Refiners have seen cause for growing optimism in the past few months, especially those in the U.S. Gulf Coast, Rockies, and the Midwest. Three factors are driving prospects of a renewal after nearly five difficult years: 1. Supply rationalization: Nearly 4.5 million barrels per day of refining capacity has disappeared in the past five years. […]
Shell may sell its refineries to Essar
Shell is discussing the sale of its three European refineries to Essar, as discussed in a previous post, at $4,000 to $5,000 per barrel of capacity. While valuation will depend on the three refineries’ individual configurations and complexity, the transaction is at a significant discount from the industry’s Golden Age. The three refineries with more […]
