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Oil refiners cannot produce enough low sulphur fuel for ships by 2020
“Installing scrubbers may be an economically attractive option.” – Wood Mackenzie Research Director, Sushant Gupta GLOBAL oil refiners do not have the capability to produce enough low sulphur marine fuel, mainly marine diesel, to meet the needs of the...
Study: IMO sulphur rules to cost $60bn
Global bunker fuel spending could rise by some $60bn as the shipping industry contends with rules aimed at lowering the sulphur content of marine fuels, according to a study from Wood Mackenzie. The International Maritime Organisation has set a preliminary 2020 target...
MIDDLE EAST: GENOIL APPOINTS VICE PRESIDENT OF MIDDLE EAST OPERATIONS
Middle East is ‘critical market’ for Genoil, according to COO of Genoil. Clean technology engineering firm Genoil has appointed Raushan Telyashev as Vice President of Genoil Middle East. Telyashev last worked at Lukoil as Deputy Head of the Department of...