Neste has started the ex-pipe delivery of low-sulfur marine fuel at the Södertälje terminal in Sweden. In ex-pipe delivery, marine fuel is delivered directly to ships via a pipeline from the terminal, without any separate refueling trucks or vessels.
SINGAPORE (Reuters) -- France's international utility company Engie has started a global desk to trade liquefied petroleum gas (LPG) and plans to promote the fuel as a replacement for diesel in power generation, senior executives said on Thursday.
BEIJING (Reuters) -- China's January exports of diesel fuel rose 32.5% from a year earlier to 960,000 t, data from the Chinese General Administration of Customs showed.
RIO DE JANEIRO (Reuters) -- Brazilian fuel sales fell to 135 billion liters in 2016, down 4.5% compared to the previous year, led by a sharp drop in sales of hydrate ethanol, national oil agency ANP said on Thursday.
WASHINGTON (Reuters) -- The chief executives of 18 major automakers and their US units urged President Donald Trump to revisit a decision by the Obama administration to lock in vehicle fuel efficiency rules through 2025.
MEXICO CITY (Reuters) -- Mexico's Finance Ministry on Friday said it would keep maximum gasoline prices unchanged between Feb. 4-17 compared with prices in January, postponing an expected fuel price hike amid a violent backlash over its gasoline liberalization.
LONDON (Reuters) -- A West African drive to clean up toxic fuels that campaigners say pose a health hazard to millions has run into difficulties less than two months after it was announced, according to importers, traders and other oil industry insiders.
In October 2016, the International Maritime Organization (IMO) announced that it will implement a new regulation that calls for the sulfur content in marine fuels to be reduced from 3.5% to 0.5%. The new regulation will go into effect in January 2020. This action by the IMO will have a profound impact on the maritime and refining industries worldwide, as well as on the environment. This month’s Business Trends section provides an overview on the anticipated impacts of the IMO’s decision on petroleum product markets.
According to OPEC’s World Oil Outlook 2016, desulfurization capacity additions represent the largest capacity increases among all process units to 2040. This trend is due to increased regulations on the amount of sulfur allowed in transportation fuels.
India is the seventh-largest country in the world by land mass. Urbanization is taking place at a rapid pace: According to the country’s 2011 census, more than 377 MM Indians live in nearly 8,000 towns and cities. This count represents more than 31% of the country’s total population.