B Grimm Joins Forces with PETRONAS Lubricants International khaosodenglish.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaosodenglish.com Daily Mail and Mail on Sunday newspapers.
The maritime shipping industry will fall short of achieving net zero greenhouse gas emissions (NZE) by 2050, the International Energy Agency (IEA) said in a report.
Myanmar's refined fuel imports have stalled as protests over the military coup have shut banks and government offices, while a depreciation of its currency has driven up costs, five industry sources said.
Offshore Singapore stocks hit record low -analyst Supply tightness could be theme for fuel oil market in 2021 -analyst
SINGAPORE, Feb 11 (Reuters) - Supported by shrinking supplies and firm demand, Asian refiners’ profit from producing very low sulphur fuel oil (VLSFO) rose to a one-year high this week, setting the stage for a trend that could persist throughout the year, traders and analysts said.
“Tightness in the fuel oil complex will remain a common theme through 2021, especially as the tightness in crude ensures that any uptick in margins will be transferred straight to crude producers if OPEC+ producers can hold their nerve,” said Energy Aspects in a note to clients last week.