LONDON, Aug 4 (Reuters) – Royal Dutch Shell is considering expanding the capacity of one of its German refineries to make oil products that meet an upcoming cap on the sulphur content of fuels used in shipping.
In the past few days, Rheinland refinery representatives met local officials and environmental groups to present preliminary plans for an investment at the plant’s 140,000-barrels-per-day Wesseling site, Shell said on the refinery’s website.
Shell is considering “a modernization of the residue processing unit at Rheinland refinery and to enhance the desulphurisation plant there”, Shell told Reuters in an emailed statement.
Shell declined to give further details on the project, saying it was in the “very early phase of the planning process”.
The International Maritime Organization, the United Nations’ shipping agency, set global regulations in late 2016 to cap sulphur content in shipping fuel at 0.5 percent, versus the current 3.5 percent, from 2020.
Although shippers in the United States and most of Europe already burn low-sulphur fuel oil, a global cap means refiners will need to find a way to eliminate some 3 million bpd of high-sulphur fuel.
A survey by consultancy KBC last month showed that just 15 percent of the global refineries it surveyed know how they will manage the tighter sulphur regulations.
(Reporting by Ahmad Ghaddar; Editing by Dale Hudson)
CAIRO, March 2 (Reuters) – The Houthi Transport Ministry in Yemen said on Saturday there had been a “glitch” in undersea communication cables in the Red Sea as a result of actions...
by Captain John Konrad (gCaptain) In the current American labor landscape, the stark contrast between the assertive strides of transportation unions and the maritime sector’s unique labor challenges is striking....
By Mikhail Flores MANILA, Dec 2 (Reuters) – Evacuations were under way in the Philippines after a quake of at least magnitude 7.5 struck the southern region of Mindanao on Saturday night,...
December 2, 2023
Total Views: 2164
Why Join the gCaptain Club?
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.