Fossil Energy News

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 ...

Mar. 14, 2019

By Argus Media Ltd.

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 ...

Mar. 13, 2019

By Argus Media Ltd.

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 ...

Mar. 13, 2019

By Argus Media Ltd.

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. ...

Mar. 13, 2019

By Argus Media Ltd.

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 ...

Mar. 12, 2019

By Argus Media Ltd.

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 ...

Mar. 12, 2019

By Argus Media Ltd.

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 ...

Mar. 11, 2019

By Argus Media Ltd.

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 ...

Mar. 11, 2019

By Kingtiger (Shanghai) Environmental Technology Co., Ltd.

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 ...

Mar. 11, 2019

By Argus Media Ltd.

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 ...

Mar. 11, 2019

By Argus Media Ltd.

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 ...

Mar. 10, 2019

By Global Media Publishing Ltd.

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 ...

Mar. 10, 2019

By Argus Media Ltd.

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 ...

Mar. 10, 2019

By Global Media Publishing Ltd.

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, ...

Mar. 10, 2019

By Argus Media Ltd.

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 ...

Mar. 10, 2019

By Global Media Publishing Ltd.

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 ...

Mar. 4, 2019

By Kingtiger (Shanghai) Environmental Technology Co., Ltd.

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 ...

Feb. 27, 2019

By Kingtiger (Shanghai) Environmental Technology Co., Ltd.

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 ...

Feb. 26, 2019

By Edinburgh Sensors Ltd

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 ...

Jan. 28, 2019

By Smart Grid Observer

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 ...

Jan. 18, 2019

By Clarke Energy