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Afton Chemical opens new fuel and lubricant additives R&D laboratory in Suzhou, China

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Afton Chemical Corporation has opened a new fuel and lubricant additive Research and Development laboratory in Suzhou, China. Afton Chemical Corporation, part of the NewMarket Corporation family of companies, develops and manufactures petroleum additives that help fuels burn cleaner and more efficiently.

China 199
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ExxonMobil to invest >$1B in Antwerp refinery to convert heavy, higher sulfur residual oil into diesel, other products

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plans to invest more than $1 billion to install a new delayed coker unit at its Antwerp refinery to convert heavy, higher sulfur residual oils into transportation fuels products such as marine gasoil and diesel fuel. The investment addresses an industry shortfall in capability to convert fuel oil to products such as diesel.

Convert 225
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Study: IMO low-sulfur fuel standards will decrease childhood asthma cases, premature deaths; climate tradeoffs

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Marine shipping fuels will get cleaner in 2020 when a regulation by the International Maritime Organization (IMO) requires a decrease in the allowable amount of sulfur in fuel oil from 3.5% Cleaner marine fuels will reduce ship-related premature mortality and morbidity by 34 and 54%, respectively, representing a ~?2.6%

Standards 170
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GE acquires 50% stake in Beijing enCryo Engineering, expanding small-scale LNG capabilities

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In connection with its recent acquisition of substantially all the assets of the Salof Companies, GE Oil & Gas has completed its acquisition of a 50% ownership interest in Beijing enCryo Engineering Co., that specializes in engineering for all aspects of the oil and gas, chemical and petrochemical sectors.

Engine 199
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Shell to build LNG units in Gulf Coast and Great Lakes regions; two additional LNG for transport corridors in North America

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Shell and its affiliates will build two additional small-scale natural gas liquefaction units to provide liquefied natural gas (LNG) fuel for marine and heavy-duty on-road customers in North America. Image courtesy of Harvey Gulf International Marine. MRMC and its publicly traded affiliate, Martin Midstream Partners L.P.

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Study finds that worldwide SO2 emissions rose between 2000-2005 after decade of decline; China, shipping topped growth

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Global sulfur dioxide (SO 2 ) emissions peaked in the early 1970s and decreased until 2000, with an increase in recent years due to increased emissions in China, international shipping, and developing countries in general, according to a new analysis appearing in the open access journal Atmospheric Chemistry and Physics. Click to enlarge.

2005 186
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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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ExxonMobil focused particularly on three groups of countries in projecting future energy trends: China and India, which are expected to account for half the growth in global energy demand because these two developing economies will lead the world in terms of population size and the pace of growth in standards of living.

Energy 252