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US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

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Flows through the Strait in 2011 were roughly 35 percent of all seaborne traded oil, or almost 20 percent of oil traded worldwide. ”. They are a critical part of global energy security due to the high volume of oil traded through their narrow straits. million bbl/d was crude oil. Panama Canal. —US EIA.

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BP begins shipping crude oil for US West Coast through transPanama Pipeline

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has started shipping crude oil bound for the US West Coast through Petroterminal de Panama ( PTP )’s trans-Panama pipeline, marking the start of a seven-year transportation and storage agreement between BP and PTP. BP Products North America Inc. Under the terms of the agreement, BP has leased a total of 5.4

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ICCT study examines current & projected use of heavy fuel oil in Arctic shipping; growth in BC emissions points to need for policies

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A new study by the International Council on Clean Transportation (ICCT) estimates heavy fuel oil (HFO) use, HFO carriage, the use and carriage of other fuels, black carbon (BC) emissions, and emissions of other air and climate pollutants for the year 2015, with projections to 2020 and 2025. Click to enlarge.

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US Navy destroyer completes largest demo of shipboard renewable fuel; 20,000 gallons of 50:50 algal oil/F-76 fuel blend

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The ship received approximately 20,000 gallons of a 50-50 blend of an algae-derived, hydro-processed algal oil and petroleum F-76 from the Defense Fuel Supply Point at Naval Base Point Loma. and a Landing Craft, Air-Cushioned vessel demonstration scheduled for early December at Naval Surface Warfare Center Panama City, Panama City, Fla.

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BP Riser Insertion Tube Reported Working, Some Oil and Gas from Deepwater Horizon Well Being Captured

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The Unified Area Command for the response to the Deepwater Horizon oil spill reported on Sunday that the Riser Insertion Tube Tool—one of several subsea options BP is developing—was successfully tested and inserted into the leaking riser Saturday night, capturing some amounts of oil and gas. Click to enlarge.

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SpaceX drone ship Of Course I Still Love You arrives at Panama Canal

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Ten days and one unexpected detour after SpaceX drone ship Of Course I Still Love You (OCISLY) departed Port Canaveral, Florida for what could be the last time ever, the ship has arrived at the Panama Canal. The post SpaceX drone ship Of Course I Still Love You arrives at Panama Canal appeared first on TESLARATI.

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ICCT life-cycle analysis finds no climate benefit in using LNG as marine fuel

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Second, LNG is, and has been, less expensive than MGO and is now in some regions cheaper than heavy fuel oil (HFO). Moreover, to comply with IMO’s 2020 global sulfur limit, ships must either switch from HFO to more expensive very low sulfur fuel oil (VLSFO) or use HFO with a scrubber, if they have one installed. Credit: The ICCT.

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