New regulations that will force the shipping industry to switch to cleaner fuel could snuff out nearly a quarter of European demand for fuel oil by 2015.
The package of measures will add to the woes of the dirtiest and least profitable oil product: sludgy, bottom of the barrel fuel oil left behind from refining more profitable motor fuels.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/cleaner-shipping-rules-hit-fuel-oil-market
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/planet-ark-australia
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/shipping
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/natural-gas
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/asia
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/europe
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/united-kingdom-uk