Post Tagged with: "IMO 2020"

The coronavirus turned our world upside down virtually overnight,” said Ina Reksten, COO, Yara Marine Technologies.

Marine Scrubbers: Yara Marine Plots the Path Forward, Post-COVID-19

MarineLink


Oil & Gas Publishers Note: This is an outstanding article from MarineLink. Ina and Shyam nail the Marine Scrubbers issues. 

Yara Marine Technologies COO Ina Reksten and Research and Development Manager Shyam Bahadur Thapa reflect on the effects of

Source: Reuters

Factbox: IMO 2020 – a major shake-up for oil and shipping

Reuters


Tougher rules on sulphur emissions from ships will come into effect next year in the biggest shake-up for the oil and shipping industries for decades.

IMO 2020

From January 2020, United Nations shipping agency the International Maritime Organization (IMO) …

December 13, 2019 - 1:00 pm Closing Bell Story‎, Energy News, Regulatory
Source: SEACOR

Galveston Company Enters Race to Supply IMO 2020 Fuels

From The Houston Chronicle


With a massive shift in the marine fuel market just months away from implementation, a Galveston fuel storage operator says it plans to operate a 50,000 barrel a day crude processing facility to meet new stricter …

Source: XOM

With an Eye on Trump, Refiners Tout Clean Fuel Rule as U.S. Win

From Bloomberg

U.S. oil refiners, in line for a windfall from new ship-fuel rules, are taking steps to lock in the change quickly, concerned it could fall victim to President Donald Trump’s re-election push.

Under the new rules, many shippers …

April 10, 2019 - 4:53 pm Closing Bell Story‎, Crude Oil News, Energy News
Shipping Comes to Terms With $50 Billion Clean-Fuel Bill

Shipping Comes to Terms With $50 Billion Clean-Fuel Bill

From The Wall Street Journal

The introduction of low-sulfur fuels in oceangoing vessels next year will mark the biggest change in ship propulsion since the maritime industry moved from coal to heavy oil early in the 20th century.

The compulsory …

April 4, 2019 - 5:35 pm Closing Bell Story‎, Crude Oil News, Energy News
2020 Fuel Rules Are Already Impacting the Oil Industry

2020 Fuel Rules Are Already Impacting the Oil Industry

Low sulfur shipping fuels will be felt throughout the industry
By Richard Rostad, analyst, Oil & Gas 360

One doesn’t need to wait until January 1, 2020 to see the effects of the International Maritime Organization’s (IMO) upcoming sulfur regulations.

Low Sulfur Rule May Cost Saudis and Neighbors Billions

Low Sulfur Rule May Cost Saudis and Neighbors Billions

From Bloomberg

The world’s biggest oil-exporting region may lose billions of dollars in annual revenue when an obscure United Nations requirement for ships to burn cleaner fuel takes effect next year.

Saudi Arabia, Iraq and other Middle Eastern suppliers of …

March 26, 2019 - 4:30 pm Closing Bell Story‎, Crude Oil News, Energy News
IMO 2020 Could Trigger Refinery Closures Outside U.S.

IMO 2020 Could Trigger Refinery Closures Outside U.S.

From the Houston Chronicle

As the global refining industry readies for the shipping industry’s shift to cleaner-burning marine fuels, analysts are warning that not all refineries are ready for what could be one of the biggest regulatory shocks to the …

March 22, 2019 - 5:44 am Closing Bell Story‎, Downstream