Mariusz Skonieczny

$ADUR reported yesterday its longest NGP pilot run, about 120 hours, and the question you might have is: "Okay, the results are pretty amazing, but has anyone else in the industry done the same thing? Short answer: not as one package. - 1: An oil yield around 85% is not unique. Licella and Mura, which also use a hydrothermal process, have talked about roughly that level for years. Pyrolysis plants usually report less (Plastic Energy is around 72-75%, and Quantafuel's Skive proof of concept was about 68%). - 2: Longer runtimes also aren't new. Quantafuel ran more than seven days continuous, OMV's ReOil pilot has nearly 30,000 cracking hours, and Agilyx has logged more than 16,000 commercial hours. 3: But what truly stands out in this update is the flexibility and this is what makes $ADUR process unique and superior. They switched from clean PE/PP blends to real post-consumer PO95 (with some PET, nylon and polystyrene), ran that for about 20 hours, then switched back, all without a full shutdown. They also recovered from planned interruptions and a short power outage. Yesterday results just showed exactly what $ADUR team has been promissing. It just keeps getting better.

Guys, I’m thinking of hosting an X Space about $ADUR and wanted to see if you’d be interested in joining. The idea is to have a relaxed discussion about the technology, recent developments, opportunities and risks, with time for questions too. I’m aiming for around an hour, no date set yet, I want to see if there's enough interest for now. Who would be up for it? On a weekday or weekend? Let me know below.

Canadian heavy oil is selling at its biggest discount since 2023. Western Canadian Select (WCS), Canada's main heavy crude, settled $26.40 a barrel below WTI, the US benchmark, on 15 Oct. A year ago that gap was more than $15 smaller. Why? Because heavy oil is thick, harder to move and harder to refine. Right now more Venezuelan heavy crude is competing for the same US refineries, the Trans Mountain pipeline is essentially full and tanker costs have jumped. So producers get hit twice: they sell each barrel at a discount, and they pay for expensive light diluent just to make it flow through a pipeline. That's the problem I wrote about in my $ADUR piece: upgrading heavy oil near the field so it flows more easily and is worth more. The opportunity is big and $ADUR is aiming directly at this problem.