Throughout 2008 and 2009, EnSys has been increasingly at the forefront of analyses of global refining, oil markets and related issues. Recent press coverage of our publications has included the Wall Street Journal, New York Times, and Bloomberg. Please click on the links below to download the relevant PDFs. The following are selected current and recent projects:
|
EnSys Energy the Premier Knowledge Partner of "The World Refining Technology Summit & Exhibition 2009" Held November 2-3, Vienna Austria Martin Tallett, President of EnSys Energy gave two presentations at the conference. The first focused on the difficulties face by the refining industry due to the global economic downturn and the resulting demand impact. *Free Registration Required |
|
The second addressed the issue of new energy regulation and the impact it will have on the refining industry, especially in the context of the recession. A special focus was made on the impact of the US Waxman-Markey cap-and-trade bill.*Free Registration Required |
|
Bloomberg Refining Netbacks In 2004, EnSys redeveloped the Bloomberg refining netbacks, published daily. In late 2008, we completed a major expansion to increase the both the range of refining modes for which netbacks/margins are computed and the range of crude oils. This project entailed updating refining configurations / modes, product specifications and some 40 crudes in several major refining regions, worldwide. Through 2009 and into 2010 we have maintained and developed new crude streams and functionality. The tool is increasingly used for analysis by a wide range of Bloomberg clients. |
|
Carbon Regime Impacts: Waxman-Markey Analysis for the API For the American Petroleum Institute, EnSys has taken the version of WORLD that provides additional detail of US refining and has adapted it to analyses of potential carbon regimes. Most recently, we developed a quantitative assessment of the US and global impacts of Waxman-Markey. Our findings highlight the potential for significant inter-regional shifts of refining capacity, investments and emissions. The WORLD system is now capable of evaluating a range of carbon regime scenarios – and such scenarios put together with other parameters, including demand/fuel efficiency effects and supply trends toward renewables. The report generated significant press coverage, including the Wall Street Journal, New York Times, and Financial Times. The full report, with a much more in depth view into both the projected impacts of Waxman-Markey and the premises and methodology of our analysis is now available. |
|
OPEC World Oil Outlook (WOO) 2009 EnSys, working closely with the OPEC Secretariat, undertook the global downstream study using WORLD which was incorporated into the, 2007, 2008 and now 2009 OPEC World Oil Outlook. Information developed for the Outlook includes assessments of medium term refining balances (demand for additional capacity by region versus assessed known projects), of longer term further capacity requirements through 2020 and of associated refining investment, margins and crude and product trade. |
|
EPA publishes "Global Trade and Fuels Assessment and Additional ECA Modeling Scenarios" The full text of the analysis conducted for the EPA's ECA application. The study was conducted in partnership with RTI International and Navigistics Consulting. |
|
EnSys Energy is cited in the US/Canadian application to the IMO for a coastal Emissions Control Area (ECA) The U.S. Environmental Protection Agency (EPA), along with other regulatory bodies in the United States and Canada, is considering whether to designate an Emission Control Area (ECA) along the North American coastlines. The study undertaken by EnSys Energy in partnership with RTI and Navigistics Consulting was used by the EPA to show the impacts and benefits of a US/Canadian ECA. |
|
"US Crude Supply Outlook Implications for Refining" Martin Tallett presents "US Crude Supply Outlook Implications for Refining" at the COQG Workshop in San Antonio. *Free Registration Required |
|
Assessment of the sub-Saharan African Refining System. EnSys recently complete a landmark study of refining in sub-Saharan Africa. Working with ICF Consulting of Fairfax, Virginia, we completed a contract from the World Bank to undertake a dual study of the health benefits from improving transport fuel qualities in sub-Saharan Africa and of the costs to the regional refining system of meeting these and other potential changes over the next 10 to 15 years. We employed our WORLD model to analyze alternative regional scenarios with the context of the global refining and supply system. |
|
OPEC World Oil Outlook (WOO) 2008 EnSys, working closely with the OPEC Secretariat, undertook the global downstream study using WORLD which was incorporated into the June 2007 and now July 2008 OPEC World Oil Outlook. Information developed for the Outlook includes assessments of medium term refining balances (demand for additional capacity by region versus assessed known projects), of longer term further capacity requirements through 2020 and of associated refining investment, margins and crude and product trade. |
|
|
International Marine Bunker Fuels EnSys has recently taken a leading role in the analysis of alternative future MARPOL Annex VI regulations, including conversion to distillate. EnSys has functioned as the lead refining analyst for the International Maritime Organisation, developing WORLD-based assessments of refining investments, supply cost / price impacts across all fuels and all regions – and of refinery CO2 emissions effects, i.e. critical inputs into the work of the IMO in its assessment of these options for the future regulation of marine fuels worldwide. These have now led to firm recommendations put forth by the IMO Marine Environment Protection Committee for formal adoption at the October 2007 MEPC meeting. (Official press release can be viewed here.) We have also undertaken marine fuels analyses for the API and IPIECA as inputs to the IMO process and continue in our parallel work for the EPA. |
|
Carbon Regime Impacts For the American Petroleum Institute, EnSys has taken the version of WORLD that provides additional detail of US refining and has adapted it to analyses of potential carbon regimes. To date, we have developed quantitative assessments of the US and global impacts of three draft bills. These highlight the potential for significant inter-regional shifts of refining capacity and investments. The WORLD system is now capable of evaluating a range of carbon regime scenarios – and such scenarios put together with other parameters, including demand/fuel efficiency effects and supply trends toward renewables. |
|
Atlantic Basin Refiners Face Tough Challenges At the 2008 Global Refining Summit, Martin Tallet gave a presentation of his outlook for US refining based on recent work for OPEC, the API and others. |