fuel

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German containership company Hapag-Lloyd burned 28pc more low-sulphur fuel in 2019 than in the year, as most of its fleet switched to low-sulphur fuel s in the last weeks of the year.
News ID: 8794    Publish Date : 2020/03/20

Australia's national airline Qantas plans to suspend all international flights from the end of March in response to the travel restrictions imposed by the Australian government to contain the spread of the coronavirus.
News ID: 8785    Publish Date : 2020/03/19

The Spanish government has said it will intervene in fuel networks and requisition property if needed to prevent supply disruptions during a national lockdown to battle the spread of coronavirus.
News ID: 8728    Publish Date : 2020/03/16

The Italian government has imposed extended restrictions aimed at preventing the further spread of the coronavirus outbreak, including measures that could reduce transport fuel demand.
News ID: 8701    Publish Date : 2020/03/12

Maritime Guards in Iran’s Southern province of Hormuzgan arrested 13 foreign nationals in the Persian Gulf while they were trying to smuggle one million liters of fuel out of the country.
News ID: 8485    Publish Date : 2020/02/25

The rapidly spreading coronavirus outbreak in South Korea is forcing airlines to cut more flights and leading to a downward revision in economic forecasts for the country, a major regional importer of crude and exporter of oil products and petrochemicals.
News ID: 8480    Publish Date : 2020/02/24

Adds upated case tally in paragraph 5; details of more flight cuts, steel plant closure in paragraphs 7-8
News ID: 8478    Publish Date : 2020/02/24

The fuel oil market is not likely to see large price swings with new marine fuel sulphur regulations that took effect at the beginning of 2020, given minor price changes for the compliant fuel in the weeks leading up to the change.
News ID: 8203    Publish Date : 2020/01/03

US asphalt markets are on course to strengthen in January, defying expectations of a substantial price slump amid the global transition to lower-sulphur marine fuel s in 2020.
News ID: 8177    Publish Date : 2019/12/31

Government incentives and higher blending mandates will boost sustainable aviation fuel (SAF) production in the coming year, but greater support for renewable diesel may temper that growth.
News ID: 8176    Publish Date : 2019/12/31

Owners of very large gas carriers (VLGCs) are upbeat about 2020, with the market in a recovery period. But, new International Maritime Organisation (IMO) regulations on bunker fuel s may restrain freight rates and profits.
News ID: 8150    Publish Date : 2019/12/30

As 0.5pc sulphur marine fuel oil (0.5pc fuel oil) looks to be the low-sulphur fuel of choice, tight availability of the new grade in Mediterranean ports will continue into 2020 while supply will be more steady in northwest Europe.
News ID: 8114    Publish Date : 2019/12/27

Uncertainty around supply and specifications for 0.5pc sulphur residual fuel oil may drive some shipowners to use 0.1pc sulphur marine gasoil (MGO) to meet new fuel rules, but MGO's traditional premium will likely continue to put it at a disadvantage.
News ID: 8109    Publish Date : 2019/12/27

Gasoline consumption in the eighth fiscal month that ended on December 22 was 75 million liters per day, data released by the National Iranian Oil Products Distribution Company show.
News ID: 8098    Publish Date : 2019/12/24

Marine- fuel sulphur legislation will support demand for Mediterranean-region light sweet crudes in 2020, when access to sour crudes will be reduced by Opec output restraints and Mideast Gulf producers' focus on Asia-Pacific sales.
News ID: 7997    Publish Date : 2019/12/18

On Monday, Tehran Municipality gathered urbanists, tech aficionados and communication policymakers for a two-day event dubbed Smart Tehran Confab that was certainly not smart, as what was spotlighted was neither innovative nor promising.
News ID: 7891    Publish Date : 2019/12/10

Australia has passed legislation to ensure the country will comply with tighter global marine fuel specifications that take effect from next year.
News ID: 7807    Publish Date : 2019/12/06

Argentinian residual fuel oil bunker sales rose by 39 percent in the first nine months of the year, supported by the pending global low sulphur marine fuel regulation.
News ID: 7801    Publish Date : 2019/12/06

Drivers in Mexico are using high concentrations of ethanol in their tanks as a direct, cheaper substitute of gasoline despite blends over 10pc being illegal, conventional fuel retailers said.
News ID: 7750    Publish Date : 2019/12/04

Fuel retailers could invest Ps15bn ($750mn) in Mexico next year mostly in 175 greenfield stations — if they can overcome regulatory hurdles — as well as technology to keep up with new rules, industry association Onexpo estimates.
News ID: 7611    Publish Date : 2019/11/29

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