Search result for oil refiners
S. KOREAN OIL REFINERS HIT WITH LOW PROFIT MARGINS DUE TO PANDEMIC IN FY 2020
Highlights –
- S. Korean oil refiners hit with low profit margins due to pandemic in FY 2020.
- SK Innovation Co. and three other major oil refinery companies project a combined net loss.
- The benchmark Singapore complex gross refining mar...
Refiners increase clean shipping fuel in accordance with IMO regulations
Global oil refiners have upgraded processing units and adjusted operations to increase the output of residual low-sulfur fuels and marine gas oil to prepare for more stringent shipping fuel standards kick-in Jan.1. The shipping industry consumes about 4 million barrels of marine bunker fuels per ...