IMO 2020 rules challenge European, Russian refiners—1

The confirmed reduction in sulfur content for marine bunker fuel to 0.5 wt % by Jan. 1, 2020, from a current 3.5 wt % by the International Maritime Organization (IMO) will hugely impact the refining industry’s ability to timely supply the required volume of low-sulfur fuel oil (LSFO) and dispose of surplus high-sulfur fuel oil […]