India Refiners Brace for Low Carbon Future

India’s biggest oil refiners are finalizing plans to cut down on emissions from their facilities while remaining optimistic about the future of petroleum fuels in the country. State-run majors from Indian Oil Corp. to Hindustan Petroleum Corp. are opting for low-carbon operations with the use of green hydrogen and clean power. They are also installing

Shipping’s decarbonization move set to hit HSFO demand

The demand for high sulfur bunker fuel oil is set to dwindle worldwide closer to 2030, likely causing the use of scrubbers to fall, as the shipping industry accelerates its decarbonization journey, an industry expert said recently. That is despite ports, such as Singapore, seeing robust HSFO sales in 2021. January-September sales of high sulfur