Shell & HES To Revive German Oil Refinery Ahead of IMO 2020

The sulphur cap set by the IMO from next year, to be one of the biggest fundamental events to hit oil markets in years.
Royal Dutch Shell with Dutch tank terminal firm HES International to restart a German oil refinery mothballed to meet new restrictions on marine fuels.
HES is in the process of reinstalling the VDU at Wilhelmshaven to produce LSFO ahead of the implementation of the IMO rules
The IMO sulphur restrictions will lead HSFO demand to fall 60% to 1.4 million bpd next year, while MGO...