How Much Sulphur is in Fuel?

Sulphur is a naturally occurring component found in crude oil. When total sulphur content is more than 0.5 per cent oil is classed as “sour.” When total sulphur content is less than 0.5 per cent it’s classed as “sweet.” Unless it’s removed during the refining process, sulphur is also present in gasoline and diesel. As

India needs $10.1 trillion investment to achieve net-zero emission by 2070

India will require a total investment of $10.1 trillion to achieve net-zero emissions by 2070, while the nation could face a shortfall of $3.5 trillion, a study by CEEW Centre for Energy Finance (CEEW-CEF) said. At the recently concluded COP26, Prime Minister Narendra Modi announced India’s aim to achieve net-zero emissions by 2070. “India would

India major driver of fuel demand: Puri

Inviting global firms to invest in the opportunities in the country’s oil and gas sector, Union minister of petroleum and natural gas Hardeep Singh Puri said on Wednesday that the “real growth story as a critical driver of (fuel) demand will come from India”. Puri was speaking at the inauguration of the oil and gas

Will Oil Ever Become Truly Worthless?

Could fossil fuels and Big Oil actually become ‘worthless’ within the next few decades, and what would this mean for the global economy? New research suggests as many as half of the world’s fossil fuel assets could become worthless by 2036 if the green energy transition goes ahead at the pace projected coming out of

Wartsila to unveil future fuels conversion platform next year

Finland-based marine technology firm Wartsila is set to commercially introduce its Two-Stroke Future Fuels Conversion platform in Q1 2022, as efforts for decarbonisation in the shipping industry gather pace. The firm has successfully conducted initial trials of the platform at its laboratory in Trieste, Italy. MSC Shipmanagement has served as a partner in the piloting

Japan to subsidise refiners to ease oil price impact

Japan is planning to give subsidies to the country’s refiners for the first time to offset the impact of surging oil prices on domestic oil product values. The government will provide funding to refiners when the country’s retail prices of products such as gasoline exceed a certain level, to avoid further increases, Japan’s trade and

GAC to market neutral fuels’ marine gasoil biodiesel blend

GAC Group Bunker Fuels has signed a Memorandum of Understanding (MoU) with Dubai-based Neutral Fuels to market its marine gasoil biodiesel blend which has been developed for shipping clients in the United Arab Emirates (UAE), Bahrain, Oman, Qatar and India. Neutral Fuels said the companies will also work together to expand the number of supply

Gazpromneft Lubricants supplied marine oils for the world diamond mining leader

Gazpromeft-Lubricants Marine Department has signed the agreement on supplying oils for industrial equipment of the diamond mining company ALROSA, according to the company’s release. The department has already provided over 110,000 liters of lubricants for diesel engines operated on heavy fuels. “The area of ​​ marine oils application is not limited to marine machinery, since

Fuel price gap leaps to highs not seen since the introduction of the global sulphur cap

The price gap between high and low sulphur fuel oil has widened to extremes not seen since around the introduction of the global sulphur cap in January 2020. While the difference in price between the two dominant fuels has averaged around $110 per ton in the first 22 months of the sulphur cap era, in

Geely introduces methanol-powered truck

Geely, a Chinese manufacturer that owns brands such as Volvo and Lotus, among others, presented a concept truck that will be a direct rival to Tesla Semi. However, unlike Elon Musk’s truck, which is basically electric, the so-called “Homtruck” promises to be more versatile as it also uses a range extender and a version with