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IHS Markit: 2020 low-sulfur requirements for marine bunker fuels causing scramble for refiners and shippers

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The IMO fuel sulfur content regulation will have a significant global impact on both the refining and the shipping industries. As a result, both industries will experience rapid change and significant cost and operational impacts, according to new analysis from IHS Markit. Heavy fuel oil (HFO) is the predominant marine fuel.

Mariner 150
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IHS Markit: shippers, refiners scrambling to respond to IMO signals on low-sulfur fuel enforcement

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In 2016, the IMO confirmed that global refiners and shippers would have to comply with these new environmental regulations five years earlier than many anticipated, which sent tidal waves through two industries that typically take many years to adapt to such significant change. Such a move would be a significant deterrent to non-compliance.

Fuel 170
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KPMG survey finds majority of energy execs see oil over $121/barrel this year; shale expected to have transformative impact, investment in alternatives increasing

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Energy executives expect continued volatility in the price-per-barrel of oil for the remainder of the year, with 64% predicting crude prices to exceed $121 per barrel. Only 35% think current crude prices are near the high they expect for oil this year, predicting the peak will be between $111 and $120 per barrel.

Oil 225
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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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growth in the industry over the next decade, Pike expects production volumes to fall short of an estimated 71.8 continue to pour into the industry. Key trends identified in the report include: Oil prices are expected to climb over the next decade, driving increased interest in. growth in the global biofuels industry.

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GE Aviation testing 100% Gevo Alcohol-to-Jet fuel

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CLEEN is the FAA’s principal environmental effort to accelerate the development of new aircraft, engine technologies, and to advance sustainable alternative jet fuels, in conjunction with aviation industry leaders such as GE Aviation. Earlier post.).

Fuel 170
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Univ of Washington team working to make poplar coppice viable cheap, high-volume biofuel feedstock

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The UW team is the first to try converting the entire young tree—leaves, bark and stems—into bio oil and ethanol using two separate processes. Our findings are significant for the future biofuel industry, and the ultimate goal is to make poplar coppice biofuel a step closer to the pump. That’s the problem.

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CSIRO and partners to test Direct Injection Carbon Engine to reduce brown coal emissions by up to 50%

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The process has very high conversion efficiency >97% (LCA); he fuel choice determines the carbon footprint. The project is supported by industry partners including Exergen, Ignite Energy Resources, AGL, MAN Diesel & Turbo and EnergyAustralia.

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