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Papua New Guinea LNG project may be delayed

Rystad Energy estimates that the decision taken by the Papua New Guinea (PNG) to halt the talks with ExxonMobil about the state’s share of revenues from the planned P’nyang gas field development is expected to delay two key LNG projects that would double the country’s gas output.

Watch: Teekay Group put together an “IMO 2020 team”

In this video, ExxonMobil’s Marine Fuels Venture Manager, Luca Volta  challenge Teekay Tankers to a game of French Boules to talk about the fast approaching IMO 2020 deadline. The company put together the “IMO 2020 team”, a transition team that focused on finding the ideal fuels to be able to keep up with the upcoming regulations.  

New project eyes LNG export from Alaska to Asia

The new Alaska-based company Qilak LNG revealed plans to ship natural gas from the North Slope field to Asian markets, under a proposed Alaska North Slope LNG export project (Qilak LNG 1 Project). To this end, the company announced an agreement with ExxonMobil Alaska Production to ship LNG from Point Thomson.

Pakistan selects oil majors for five LNG terminals

Oil majors such as Royal Dutch Shell and Exxon Mobil were among the groups selected to build five LNG terminals in Pakistan, as the country aims to triple imports and ease gas shortages, said Omar Ayub Khan, Pakistan’s minister of power and petroleum. 

ExxonMobil hires Singapore’s first LNG-powered tanker

Sinanju Logistics Services signed into a two-year time charter agreement on 25 July with ExxonMobil Asia Pacific Pte. Ltd. (ExxonMobil) for a new-build bunker tanker five months ahead of commencing operations. The 7,990 dwt newbuilding, soon to be christened “Marine Vicky”, will be the first bunker tanker for Singapore and Sinanju, to be fueled mainly by LNG.

Watch: How ready the shipping industry is for IMO 2020

In this video, WinGD’s CEO, Klaus Heim, and Vice President for R&D, Dominik Schneiter, discuss with ExxonMobil’s Marine Fuels Venture Manager, Luca Volta, and Global Marine Equipment Builder Manager, Steve Walker regarding engine design and LNG growth to 2020 readiness and what happens beyond January 1st 2020.

Watch: ExxonMobil introduces 2020 compliant fuels range

ExxonMobil introduced EMF.5, its range of engineered marine fuels, specifically designed to help operators comply with the IMO 2020 global sulphur cap. The company says that the new product does not compromise fuel quality. ExxonMobil has also developed a n40BN cylinder oil, to work with low-sulphur fuels. It will be available across its port network along with our EMF.5 range of fuels.

Israel’s Oil Refineries to deliver IMO 2020 compliant fuel

Israel’s Oil Refineries have delivered its first cargo of compliant 0.5% sulphur content marine fuel, in line with IMO’s upcoming rules. Namely, the 197,000 barrel per day refinery loaded its first 30,000 tonne cargo of the low sulphur fuel. ORL now joins several other refiners that recently developed new marine fuels to comply with the new regulation.

ExxonMobil expands its Singapore refinery

ExxonMobil has completed an expansion at its Singapore refinery to upgrade its production of EHC Group II base stocks, aiming to enhance the global supply of base stocks and improve the integrated facility’s competitiveness. The expansion will allow customers to blend lubricants to comply with stricter regulations, reduce emissions and improve fuel economy as well as low-temperature performance.