SK innovation

Amogy in MOU with eFuels innovator Infinium

Brooklyn, N.Y., based ammonia-to-power specialist Amogy Inc. and Sacramento, Calif., based eFuels provider Infinium have signed a memorandum of understanding (MOU) to explore opportunities to integrate their technologies and develop commercial applications across the eFuels and green ammonia value chain.

A key focus of this collaboration is the potential integration of Amogy’s ammonia-cracking technology to provide low-cost, accessible green hydrogen feedstock as an input to produce Infinium’s...

https://www.marinelog.com/legal/environment/amogy-in-mou-with-efuels-innovator-infinium/

Amogy joins forces with Mitsubishi for adoption of ammonia cracking tech in Japan and South Korea

The US-based ammonia power solutions company Amogy and Japan’s Mitsubishi Corporation have teamed up to […]

The post Amogy joins forces with Mitsubishi for adoption of ammonia cracking tech in Japan and South Korea appeared first on Offshore Energy.

https://www.offshore-energy.biz/amogy-joins-forces-with-mitsubishi-for-adoption-of-ammonia-cracking-tech-in-japan-and-south-korea/

IMO 2020 Diesel Demand To Help Refining Margins Improve

  • Solid diesel demand expected ahead of IMO 2020.
  • Company’s Q2 profit down by 42% to 498 billion won ($420.91 million).
  • Gasoil cracks to increase in Q4 due to pre-stocking.
  • Plans to start its own desulphurisation unit in 2020.

South Korea’s SK Innovation, owner of South Korea’s biggest oil refiner SK Energy, said that refining margins are expected to improve, driven by solid diesel demand before new rules on marine fuels take effect from 2020, reports Reuters.

Second quarter profit

The company...

http://mfame.guru/imo-2020-diesel-demand-to-help-refining-margins-improve/

SK Innovation Raises Supply of Low Sulfur Fuels

  • South Korea’s top refiner SK Innovation will increase the supply of low sulfur fuels next year. 
  • Oil products are expected to have a lower sulfur content making a shift from crude feedstock to light sweet grades, said a company person. 

South Korea’s top refiner SK Innovation will increase the supply of low sulfur fuels to 130,000 b/d next year, from the current 23,000 b/d, reports S&P Global Platts.

Implementation of marine fuel regulation

The increase in the supply is intended to meet stronger...

http://mfame.guru/sk-innovation-raises-supply-of-low-sulfur-fuels/