30 January 2018
Fuels at sea
Ships must pollute less. Their owners can't ignore the impending regulatory changes
The International Maritime Organisation (IMO) deadline for emission control in world shipping is fast approaching. Beginning in 2020, vessels worldwide must limit their emissions to the equivalent of burning 0.5% sulphur-content fuels, whether by burning low-sulphur fuels themselves or by installing "scrubbers" to treat exhaust emissions. The change is likely to affect around 4m barrels a day of oil demand. Competition between new blends of oil fuels (very-low-sulphur fuel oil or marine diesels), scrubbers, or liquefied natural gas is likely to be fierce but evolutionary. Each competitor presents different challenges: scrubbers affect fuel efficiency and may be difficult to finance when so m
Also in this section
1 May 2024
Energean CEO Mathios Rigas looks to results of critical Anchois appraisal well
30 April 2024
While its regional neighbours reap the rewards of oil and gas success, Iraq’s hydrocarbons sector is lagging behind
29 April 2024
Although recent, firmer gas prices have blunted some price-sensitive demand, the overall growth outlook remains robust
26 April 2024
While the US has been breaking records for its premium grade crude, there are doubts over whether you can have too much of a good thing