Exxon Mobil Corp expects high-sulfur fuel oil demand to fall 25 percent by 2025, as a new set of emission regulations from the International Maritime Organization capping sulfur content in shipping fuel at 0.5% kicks in in 2020, a top-level official at…
IMO 2020: Exxon Mobil Projects 25% Decline in High-Sulfur Fuels Read More »
Kinder Morgan Inc has dropped out of a recently proposed U.S. Gulf Coast deepwater crude export venture, the project’s leader Enbridge Inc said on Monday.The $800 million project, known as Texas COLT, is one of eight similar projects proposing faciliti…
Kinder Morgan quits Crude Export Venture Read More »
MAN Energy Solutions is acquiring 40 percent of the shares of the electrolysis technology company H-TEC SYSTEMS. A contract confirming the partial acquisition was signed in Augsburg by Dr. Uwe Lauber, CEO of MAN Energy Solutions, and Ove Petersen and H…
MAN ES Invests in Hydrogen Read More »
The sale and leaseback deal was signed with a Japanese counterparty.
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d’Amico Tankers Enters into Another Product Tanker Leaseback Deal Read More »