Report no. 1/07: In the next decade, the EU refining industry will be facing significant changes in demand both in absolute terms and with regard to the relative calls for its main products. Notably, the imbalance between the demand for gasoline and middle distillates...
EU fuel demand and call on refineries The petroleum product market is dominated by transport fuels, particularly gasoline and diesel for road transport and jet fuel for aircrafts. The evolution of the demand in these markets is therefore a crucial parameter for...
The legislative context Residual fuel is a commodity used by sea-going vessels the world over. The quality specifications of residual marine or ‘bunker’ fuels (RMF) result essentially from self regulation of the industry and agreements between producers and consumers....
The concerns about global warming and greenhouse effect have, quite justifiably, fueled the search for ‘carbon-free’ energy sources to curb CO2 emissions. Road transport is a major user of energy and virtually all of it is based on relatively ‘carbon-intensive’ fossil...
Accurately calculating the global carbon balance in oil refinery and petroleum product end-use systems is a challenge of nightmare proportions. All except the lightest of the output streams are of uncertain and variable chemical composition. Oil refining deals with...
