Fossil Energy News

  • Fuel oil supply tight ahead of 2020: IEA

    The IEA expects supply of fuel oil to remain tight ahead of the marine-fuel sulphur cap in 2020, because of refinery upgrades and a reduction in medium-heavy crude production. A 1.4mn b/d fall in output of medium-heavy crude grades since November, because of US sanctions against Iran and Venezuela and because of Opec production cuts, could have taken 500,000 b/d out of the residual fuel oil ...


    By Argus Media Ltd.

  • Indonesian coal prices steady in quiet trade

    Indonesian thermal coal prices were largely steady in a thinly traded market today, with most participants holding back as they waited for more details of a large Chinese utility tender. Chinese state-controlled power utility Huaneng closed a tender at 10:00 Beijing time (02:00 GMT) today seeking to buy 678,000t of imported coal for delivery to its coastal power plants between late March and the ...


    By Argus Media Ltd.

  • Mexico alters fuel tax deduction as pump prices rise

    Mexico's finance ministry started this week basing the formula it uses to set deductions from fuel excise taxes (IEPS) on wholesale instead of retail margins, a change it said is aimed at trimming higher prices at the pump. The government started the weekly fuel tax deduction mechanism in February 2017 to smooth volatility in gasoline and diesel prices as price caps were being removed. Yet prices ...


    By Argus Media Ltd.

  • Singapore bunker sales fall in February

    Marine fuel sales in Singapore port totalled 3.78mn t in February compared with 4.2mn t the previous month and down by 356,000t from a year earlier. Bunker sales fell amid the lunar new year holidays, February being a shorter month and general weak demand at the port. Argus reported an average of 17 bunker deals in February, down from 21 in January, in a reflection of the reduced activity. ...


    By Argus Media Ltd.

  • Forward interest builds in ICI 4 coal derivatives

    Interest in the ICI 4 derivatives market continued to build further along the curve, with bids and offers emerging for second-quarter 2020 contracts. This comes two days after the market traded out to the first quarter of 2020 late, the first trades cleared into next year since the contract launched in February 2018. Trade in the physical market has been relatively slow so far this week, with ...


    By Argus Media Ltd.

  • Low-sulphur fuel oil demand picks up ahead of IMO 2020

    Demand for low-sulphur cracked and straight-run fuel oil has increased ahead of the International Maritime Organisation's (IMO) sulphur cap in 2020, widening spreads to high-sulphur. Low sulphur fuel oil (LSFO) cargo prices reached a $8.25/t premium to high-sulphur fuel oil (HSFO) barges this week in Rotterdam, its widest since January, following a sharp increase in demand. The high-low premium ...


    By Argus Media Ltd.

  • ICI 4 coal derivatives trade out to 1Q 2020

    The ICI 4 coal derivatives market traded out to the first quarter of 2020 late yesterday, the first trades cleared into next year since the contract launched in February 2018. Interest has been building further along the curve and a number of third and fourth-quarter 2019 trades cleared for the first time last week, with more cleared on the CME so far this week. But yesterday's first-quarter 2020 ...


    By Argus Media Ltd.

  • How To Get The Lowest Palm Kernel Shell Charcoal Machine Price

    Should you harvest a great deal of palm kernels, you will have lots of shells left with this process. These shells may be put into pyrolysis machines that could convert them into biofuels. In some countries, charcoal is very popular. This is certainly used by lots of families for a way to obtain heat. Additionally, biofuel can be exchanged in place of diesel fuel that numerous industrial items ...

  • Russian coal exports to Taiwan rise

    Taiwan's receipts of bituminous and sub-bituminous coal from Russia rose by 11pc or almost 1mn t on the year in 2018 to 9.9mn t. Russian producers increased market share in Taiwan, successfully competing with Indonesian suppliers. Taiwan's total bituminous and sub-bituminous coal imports were little changed last year. Overall receipts totalled around 68.91mn t in 2018, up by just 100,000t on the ...


    By Argus Media Ltd.

  • Euronav buys fuel oil cargoes for ULCC

    Belgium-based shipping company Euronav bought at least two straight-run fuel oil cargoes and a cracked fuel oil cargo for delivery to its Ultra Large Crude Carrier (ULCC)in the central Mediterranean, as part of its strategy to store compliant marine fuels ahead of the sulphur cap in 2020. Italian refinery Iplom sold at least one low-sulphur straight-run fuel oil cargo to Euronav, while the ...


    By Argus Media Ltd.

  • Mitsubishi Generators for Virginia Powerplant to be fuelled by Shale Gas

    Mitsubishi Hitachi Power Systems (MHPS) will supply three 1×1 M501JAC powertrains for a 1600 MW combined cycle power plant in the state of Virginia, USA. When completed in 2022, the Chickahominy Power Station will provide electricity in support of expected regional growth. Balico, LLC, Gemma Power Systems, and MHPS have partnered on the project. Virginia is experiencing substantial regional ...


    By Global Media Publishing Ltd.

  • Gasoil prices to rise at least 20pc on IMO 2020: IEA

    The IEA expects gasoil prices to rise at least 20pc in 2020 on higher demand for marine gasoil (MGO) from the shipping industry, while the agency expects gasoil prices to more than double if the sulphur cap agreed by the International Maritime Organization (IMO) is strictly enforced. The IEA expects high-sulphur fuel oil (HSFO) demand to fall by 60pc in 2020, as it expects MGO to displace HSFO ...


    By Argus Media Ltd.

  • Rental Compact Gensets at Halley Research Station, antarctic base

    Two R165 Rental Compaqct Gensets have been installed at the Antarctic Survey Halley Research Station, explains Vicci Tanner, Area Sales Manager KOHLER-SDMO. Each 50HZ genset is diesel-fuelled and has a consumption rate of 14.03 gal/100mi from a 229.3 gallon fuel tank. Halley Research Station is based on the Brunt Ice Shelf and was established to study the Earth’s atmosphere. The current ...


    By Global Media Publishing Ltd.

  • Northwest Europe draws more Baltic fuel oil

    Northwest Europe has imported higher volumes of Russian fuel oil from the Baltic Sea in February as margins hit more-than-decade highs. Tankers bound for Rotterdam - Europe's main bunkering and export hub - loaded nearly 1.9mn t in February, up sharply from the 1.16mn t loaded during the prior month. It is also substantially above average monthly Rotterdam-bound loadings from the Baltic Sea, ...


    By Argus Media Ltd.

  • Innio to supply mine in china with 8 gas-engine generators

    INNIO will supply Chongqing Yuxin Energy’s Chongqing Songzao Coal Mine plant, owned by Chongqing Energy Investment Group (CQEIG), with eight of its 3.35 MW Jenbacher J620 gas engines for an expansion of the coal mine methane (CMM) gas-fuelled power plant. The project, located approximately 150 km from Chongqing City, is supporting the country’s efforts to reduce the environmental ...


    By Global Media Publishing Ltd.

  • Selecting A Palm Kernel Shell Charcoal Machine

    Anyone that has to produce large volumes of charcoal needs to be checking out palm kernel shell charcoal machine. These machines could be incredibly efficient, and there are a number of machines in the marketplace. Needless to say, before you could decide on a machine, you're going to need to have a look at some of your ...

  • How To Find A Biomass Pyrolysis Plant For Sale

    Choosing a biomass pyrolysis plant available for purchase isn't as difficult as it may seem. Once you know where to consider it, you will find high-quality equipment at good prices. This article shares some tips and concepts that will help you find the kind of plant you require to your business. Prior to starting your pursuit for suppliers, you ...

  • Measuring Gases produced by waste gasification to improve control and efficiency

    Waste gasification is a type of waste to energy process where waste material is used as a fuel to create heat, electricity or other chemical products. Specifically, in waste gasification, the waste material is decomposed in such a way to produce gaseous products, often known as syngas, a combination of hydrogen, carbon monoxide and some carbon dioxide.1 Conventional ...


    By Edinburgh Sensors Ltd

  • EDF Reaches an Important Milestone in the Implementation of Ecocombust

    After a meeting on 24 January, EDF and the Ministry of Ecological and Solidarity Transition validated a work program prior to a decision on the Ecocombust project. This work program is expected to qualify, by the fall of 2019, the technical tests, the environmental impact studies and the economic model of the project. At this date, subject to satisfactory technical, economic and ...


    By Smart Grid Observer

  • Clarke Energy Courses Now CPD Certified

    Clarke Energy is now a Member of the CPD Certification Service and a number of courses we deliver with respect to gas engines have been officially certified as genuine Continuing Professional Development (CPD). There is an increasing expectation for professionals to undertake CPD as part of their membership of trade bodies. The CPD Certification helps organisations formalise knowledge into a ...


    By Clarke Energy

Need help finding the right suppliers? Try XPRT Sourcing. Let the XPRTs do the work for you