European refiners lag on IMO 2020
The continent’s crude processors are playing catch-up following the introduction of IMO 2020 regulations on sulphur content in marine fuel
European refiners are, in many cases, reacting retroactively to the introduction of stricter sulphur limits on marine transport fuels. the changes are being made. A study by US firm AspenTech—a software provider for process industries—earlier this year found that European refiners were the least prepared globally for the advent of IMO 2020. Under new International Maritime Organisation (IMO) 2020 regulations introduced at the start of the year, the limit for sulphur content in marine fuel has been reduced to 0.5pc. While bunker fuel typically accounts for a small proportion of refiners’ output, this nonetheless requires them to make changes. And these changes must now be made while facing th
Also in this section
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally
