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IMO 2020 Sulphur cap - oil refiners step up to the plate

Our research shows that shippers mostly cannot afford the investments to reduce their sulphur emissions even though they want to reduce their Sulphur Shadow; most consumers are not willing to pay the price; and oil refiners are taking on the capital and operational burden of making the new fuels demanded, at minimum cost.

Future of Energy special report

Demand and supply of oil and gas are set to change, but it is likely consumption will continue to rise for some time, despite environmental pressures. Find out more, with comment from our Chief Economist Stephen George, in the latest ‘Future of Energy’ report published in The Times.

Aggressive optimization programs are critical for the survival of marginal refiners

The global refining industry is constantly evolving and responding to new crude supplies and sources, more stringent fuel/product specifications, perpetually changing demand patterns and other global and regional trends. Increased competition from large, efficient refineries is forcing small- to mid-sized refiners to rethink their strategies to remain competitive.

NOC-on effect: How National Oil Companies are changing the face of the industry

A new era of game changing competition in the refining industry is upon us. National Oil Companies (NOCs) are increasingly flexing their commercial muscles in refined oil product markets. How can oil companies future-proof their current investments and quickly adjust to this new reality? Read what our Chief Economists have to say in our market insight viewpoint.

Successfully harnessing new digital technologies to assure maximum plant performance

A wealth of new and powerful digital technologies have been promising great benefits to the oil and gas industry for a number of years. In this viewpoint we outline the barriers to successfully turning data into dollars, and how new approaches are beginning to cause a disruptive step change in performance.

Operational excellence in refining and petrochemicals

Operational excellence survey of 100 operations leaders to understand trends, developments and solutions affecting the industry.

The IMOs 2020 marine fuel sulphur cap and challenges for the global refining industry

In October 2016, the International Maritime Organization (IMO) decided to implement the strict level of stack emissions equivalent to burning 0.5 percent sulphur residue bunker fuel from 2020 rather than 2025. Now is the time to assess what choices are available to refiners and the decisions to be made for a strategic pathway forward.

What happens when 25% of your workforce retires in 5 years?

How a multi-pronged workforce development program can address competitive and demographic pressures faced by refineries and petrochemical plants.

The effect of the thermodynamic model and parameters in process modeling

In this paper, we analyze the effect of the choice of the thermodynamic model, in the context of fluid modelling for the purposes of process simulation in oil and gas applications.

Marine emissions: The IMO says 2020, where do you stand?

The IMO 2020 regulation will implement a global sulphur cap of 0.5 wt% for marine fuels. We take a look at the implications for refiners.

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