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Indonesia will comply with IMO 2020 sulphur cap

Indonesia informed that ships flying its flag will comply with the upcoming 2020 sulphur cap, as the Indonesian Ministry of Transportation announced earlier this week. This development comes after the country had announced in July that it will not implement the 2020 suplhur cap regulation on its domestic shipping fleet because of the expense of the cleaner fuel.

Equinor makes light oil discovery in Barents Sea

Equinor and partners OMV and Petoro announced that they have made an oil discovery in the Sputnik exploration well in the Barents Sea. Recoverable resources are preliminarily estimated at 20-65 million barrels of oil. The Sputnik well was drilled in licence PL855, around 30 kilometres North East of the Wisting discovery.

Joint industry guidance launched for the supply and use of 0.50% sulphur fuel

A number of shipping, refining, fuel supply and standards organisations have collaborated in order to produce Joint Industry Guidance on the supply and use of 0.50% sulphur marine fuel released on 20 August 2019. The guidance presents a comprehensive set of responsibilities, that several actors across the shipping industry have and must adhere to.

Clean Arctic Alliance urges Nordic Prime Ministers to support HFO ban

Clean Arctic Alliance’s Lead Advisor, Dr Sian Prior and Árni Finnsson from the Iceland Nature Conservation Association are urging the Nordic Prime Ministers and the German Federal Chancellor to support the call for a ban on heavy fuel oil in the Arctic at their gathering in Reykjavik, Iceland.

Australia the third largest fossil fuel exporter, report finds

The climate impact of Australia’s fossil fuel exports ranks behind only Russia and Saudi Arabia exports in terms of global emissions, a major new report from the Australia Institute Climate & Energy Program explains. The new research also concludes that in absolute terms Australia is the world’s fifth largest miner of fossil fuels.

ExxonMobil confirms availability of IMO 2020 compliant fuel

ExxonMobil has announced its new 40BN cylinder oil, Mobilgard 540, will be available from 2 September 2019. The lubricant has been specifically created for use with 0.50% sulphur fuels that comply with IMO’s 2020 emission regulations.

Neste launches 2020 sulphur cap compliant fuel

In order to help shipping companies comply with the 2020 sulphur cap, Neste announced that it is offering a new IMO 2020-compliant marine fuel. The Neste Marine 0.5 contains maximum 0.5% sulphur, and it will be introduced to the market during the fourth quarter of 2019.

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