Sentences with phrase «in fuel oil»

From 1 January 2020, the limit for sulphur in fuel oil used on board ships operating outside designated emission control areas will be reduced to 0.50 % m / m (mass by mass).

From 1 January 2020, the limit for sulphur in fuel oil used on board ships operating outside designated emission control areas will be reduced to 0.50 % m / m.

Not exact matches

LONDON, April 25 (Reuters)- Oil eased on Wednesday, but held in sight of three - year highs reached the previous day, as rising U.S. fuel inventories and production weighed on an otherwise bullish market.

The recent rise in oil prices fueled expectations the Federal Reserve could flag more interest rate hikes at its policy meeting this week.

LONDON, May 1 (Reuters)- The dollar broke into positive territory for the year and bond yields were creeping higher again on Tuesday, as the recent rise in oil prices fuelled bets that the U.S. Federal Reserve will flag more interest rate hikes this week.

Wednesday: Boeing & Biogen Boeing: In the past, this company has been deemed a loser on suspicions that airlines won't upgrade their fleets for fuel efficient planes now that the price of oil is so low.

We are also investing in this field ourselves: one of our airlines, Virgin Australia, is working in partnership with Dynamotive Energy Systems and Renewable Oil to develop an alternative jet fuel that will enable our global aircraft fleet to transition to clean energy.

LONDON, May 1 - The dollar broke into positive territory for the year and bond yields were creeping higher again on Tuesday, as the recent rise in oil prices fuelled bets that the U.S. May Day holidays across Asia and Europe meant trading was thinner than usual, though there was more than enough news flow to keep those...

Fourth - quarter profits in Exxon's downstream sector, which is focused on refining crude oil into fuels like gasoline, also rose $ 323 million from a year earlier.

Weakness in the company's fuel refining and chemicals businesses dragged on an upbeat quarter for Exxon's unit that focuses on producing oil and natural gas.

Later, on the sidelines of Suncor's annual general meeting, Williams said he hopes that «good sense and reason prevail» but added Suncor has a contingency plan in case Alberta follows through with its plan to restrict oil or refined fuel exports through the existing Trans Mountain pipeline to B.C.

NEW YORK, May 1 - The dollar broke into positive territory for the year and U.S. bond yields inched higher again on Tuesday as the recent rise in oil prices fueled expectations the Federal Reserve could flag more interest rate hikes at its policy meeting this week.

Fossil fuel usage, meanwhile, is expected to hit its ceiling in 2030 at 2.93 billion tons of oil equivalent with coal expected to continue as the top energy source for China by 2050.

It is often difficult to calculate the precise proportion of fossil fuel investments in complex funds, but about $ 400bn of the $ 5.2 tn total is likely to be in coal, oil and gas.

LAGOS, May 2 - Nigerian energy firm Forte Oil said it plans to sell its upstream services and power businesses in Nigeria and divest from Ghana to focus on its core fuel distribution operation at home.

The fossil fuel divestment campaign began on university campuses in 2011 but the new report reveals that concerns over investments in coal, oil and gas have now entered the financial mainstream, with more than 80 % of the funds now committed to divest being managed by commercial investment and pension funds.

So policy makers focus on «core inflation,» which ignores changes in prices for fruit, vegetables, gasoline, fuel oil, natural gas, mortgage interest, intercity transportation, tobacco products and indirect taxes.

Forte Oil said proceeds from the divestment would be used to expand its downstream fuel distribution business and to invest in storage infrastructure.

«The falling pound is driving up the price of imports and rising oil prices are being reflected in higher fuel costs,» he added.

It was a modified steam - assisted gravity drainage (SAGD) technology that, instead of burning natural gas to create steam to inject into the oilsands layer and thus «melt» the bitumen (heavy oil) away from the sand (as some experts describe it, burning a clean fuel to create a dirty one), it would burn a bituminous byproduct of the upgrading process in a closed loop.

As jet fuel costs rise in accordance with oil prices — and already fuel has overtaken labour as airlines» biggest expense — air travel could risk becoming unaffordable for the average person.

Fuelled by a low peso and cheap labour costs, Mexico's booming manufacturing industry has already overtaken Canada's in terms of the dollar value of exports to the U.S. Indeed, Canada is contending with more than just low oil prices.

But when it comes to fracking — the oil and gas industry's technique to tap into harder - to - reach fossil fuels — the two have similarly negative yet slightly divergent view points, which were highlighted at the Democratic Presidential Debate in Flint, Michigan, on Sunday night.

The now - repealed U.S. oil export ban dated back to an era of feared fuel shortages after Arab members of OPEC imposed an embargo against the United States in retaliation for U.S. support of the Israeli military.

That logic is another reason why OPEC countries have less of an incentive to cut back production: renewable energy sources is starting to give fossil fuels some serious competition, and oil - exporting countries have an interest in keeping oil a cheap alternative.

In Monday's speech, Chilton will reveal how the CFTC has found out Morgan Stanley has ownership stakes in oil tankers and a fuel distributoIn Monday's speech, Chilton will reveal how the CFTC has found out Morgan Stanley has ownership stakes in oil tankers and a fuel distributoin oil tankers and a fuel distributor.

It was Canadian Business that, back in 2007, brought attention to California's low - carbon fuel standard that effectively blocks oilsands exports to that state — despite the fact that California's own exempted heavy - oil industry has been shown to be more carbon intensive than the oilsands average.

Oil and gas company Citation Resources is seeking to diversify its business by acquiring an initial 40 per cent interest in an unlisted firm that converts rubber waste into clean fuels, for a cash and share package worth about $ 7 million.

that, back in 2007, brought attention to California's low - carbon fuel standard that effectively blocks oilsands exports to that state — despite the fact that California's own exempted heavy - oil industry has been shown to be more carbon intensive than the oilsands average.

UAF has worked extensively with both institutional and commercial partners in Alaska and in recent years, using drones to monitor sea lion populations in the Aleutian Islands, conduct ice flow and environmental surveying missions for NASA and National Oceanic and Atmospheric Administration, inspect pipelines for oil and gas giant BP and assist a Russian tanker during a dangerous late - season fuel delivery to the remote Alaskan outpost of Nome.

In theory, the move could also drive down oil prices, so businesses that rely on fossil fuels may see savings.

The rise in bond yields, which investors fear could hurt equities, has been partly fuelled by the spike in crude oil prices, which on Tuesday crossed $ 75, boosting energy shares.

While shipping is slowly moving away from fuel oil towards substitutes such as natural gas, there's no obvious alternative to oil in sight for commercial aviation.

Along with the sharp rise in crude oil prices since 2003, B.C. and Ontario added 7 % to 8 % to the price of fuel with the introduction of HST in those provinces in 2010.

Oil demand will be squeezed by electric vehicles, fuel efficiency and ride - sharing in the years ahead.

Oil prices were higher in choppy trade on Wednesday, as a bigger - than - expected U.S. crude stock build pressured prices, but large draws of fuel stocks provided some support.

«A DPRK - flagged tanker, SAM MA 2 owned by Korea Samma Shipping Company, conducted a ship - to - ship transfer of oil and fabricated documents in mid-October 2017, loading almost 1,600 metric tons of fuel oil in one transaction,» the United Nations said.

In December 2016, he fled to Canada, where he now seeks asylum from gangs that steal fuel from Salamanca and five other refineries operated by Pemex, the state - owned oil company.

LAUNCESTON, Australia, April 30 (Reuters)- The term «demand destruction» is again entering the lexicon of the current crude oil market as the sharp rise in prices raises concerns about when do consumers start cutting back on their fuel consumption.

High demand for diesel and home heating fuel in particular means refineries are willing to pay more for crude oil, said Tom Kloza, global head of energy analysis at Oil Price Information Servioil, said Tom Kloza, global head of energy analysis at Oil Price Information ServiOil Price Information Service.

The positions involved at Koch Supply & Trading were primarily in refined products and fuel oil trading and operations, according to the sources.

In the season where Formula 1 gets to grip with its own «fuel crisis», we look at two of the biggest global oil companies involved with the business of F1.

The fossil fuel industries are making moves in Europe, with oil suppliers cutting supply to drive up prices again.

Even a 5 percent drop in demand for fuel in those countries would knock about 325,000 bpd from global crude oil consumption.

On Monday, trader AOT Energy separately said it had reduced some staff, including parting ways with its senior management team in Houston, and earlier this year pared its European distillates and U.S. Gulf Coast fuel oil business due to shrinking margins.

«While the increase in U.S. production of crude oil and the reduced U.S. demand for transportation fuels will likely reduce the demand for total U.S. crude oil imports, it is unlikely to reduce demand for heavy sour crude at Gulf Coast refineries.»

In Lebanon, for instance, an IRC report found that 87,700 Syrian refugee families each given $ 575 via ATM cards spent the money on food, clothes, fuel oil and getting out of debt.

Suncor provides a good, diversified example of the sector — Suncor markets oil sands products from a variety of operations, both mining and in situ operations, and sells both diluted bitumen and synthetic products including diesel fuel.

The fuel has already replaced oil as a petrochemical feedstock, home heating fuel and in electricity generation.

There was not much to see in Luanda except massive traffic jams and high - rise yellow cranes, because the nation was in the midst of an oil - fueled construction frenzy.