September 7, 2023 — Uday Turaga, Founder and CEO of ADI Analytics, moderated a compelling panel discussion presented by the Asia Society Texas, in collaboration with ExxonMobil. With over 130 in attendance for the evening reception and discussion, the panel was part of the Energy Transition Series: Low Carbon Solutions. The speakers included Matt Crocker, […]
Top chemical companies transitioning toward sustainability
One of the largest problems affecting the chemical industry in recent years has been the pressure to transition toward clean energy and reduce carbon emissions. More than 20 of the firms in the Chemical & Engineering News (C&EN) Global Top 50 have made investments recently in sustainability or currently have sustainability projects in development. At […]
Renewable energy credits: Making green energy possible
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 […]
Optimizing crude oil pipeline capacity with drag reducing agents
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 […]
Fueling consolidation in the fuel logistics market
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, […]
Where’s the lithium: Supplying the U.S.’s growing gigafactory industry
Demand for lithium from the EV industry is growing rapidly as the energy transition moves forward. One of the interesting things for the U.S., is that the production of EV batteries for this industry is being onshored, partly due to the growing market and partly due to provisions of the recently enacted IRA place sourcing […]
ICE car bans: What? Where? When?
Internal combustion engine (ICE) vehicles have been commercially available since the late 1800s when Carl Benz patented the now historic Benz Patent Motor Car, model no. 1, and for over 100 years they have been integral to transportation around the world. But now with the world advancing with energy transition, we are seeing steps towards […]
Energy security over energy transition
From the start of the Russia-Ukraine war, we have seen global interest fragment across both energy transition and energy security. With several countries being overly reliant on Russian oil and gas, we saw a return to energy sources that the world had been weaning off. For example, Exhibit 1 shows how coal, oil, and nuclear […]
The European IRA
President Joe Biden kicked off the decarbonization race by signing two monumental pieces of legislation: the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA), which designated $370 billion in new funding for green infrastructure. In response, the European Commission recently announced the Green Deal Industrial Plan (GDIP). The plan will divert […]
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 […]
