“Petrobras” will sell renewable bunker fuel
Brazilian “Petrobras” has received permission from the National Agency for Oil, Natural Gas and Biofuels to sell bunker fuels with renewable components, the company's press release.
B24 fuel with a very low sulfur content is obtained by mixing petroleum bunker fuel and biodiesel in a ratio of 76% to 24%. The biodiesel used is certified by ISCC EU RED (in the field of sustainable development and greenhouse gas emissions).
It should be noted that in 2020, IMO rules came into force prescribing the use of fuel with a maximum sulfur content of 0.5% in shipping instead of the previous 3.5% (with the exception of ships equipped with scrubbers).
According to S&P Global, against the background of this directive, in 2022, the consumption of low-sulfur marine fuel reached 143.1 million tons - 45% of total demand.
In addition, the World Shipping Council (WSC) recently proposed charging carbon charges from ships using high-emission fuels in favor of "clean" fuel vessels.
Energy
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Climate change remains one of the most serious challenges facing developing countries, said Qatar's Minister of Environment and Climate Change, Abdullah Abdulaziz bin Turki Al Subaie, at the COP29 summit. Qatar's approach to combating climate change is based on the National Vision 2030, which places environmental protection at its core.
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We need to do more to fight climate change in all areas, the Minister of Climate and Environment of Norway, Tore Onshuus Sandvik, said at the COP29 summit in Baku. Focusing on three key areas, the minister emphasized the need for national commitments that align with the goal of limiting the temperature rise to 1.5°C. "Every ton counts. We need deep, fast, and sustainable emission reductions," the Norwegian minister said, stressing the importance of ambitious targets.
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Azerbaijan plays a constructive role in regulating the global oil market, the Secretary-General of the Organization of Petroleum Exporting Countries (OPEC), Haitham al-Ghais, said at a meeting with Azerbaijan's Energy Minister Parviz Shahbazov at COP29.
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At an event organized jointly with the International Energy Agency (IEA) as part of COP29, a roadmap for energy efficiency policy in Azerbaijan was presented. According to the Ministry of Energy of Azerbaijan, Deputy Minister Orkhan Zeynalov, speaking at the event, noted that Azerbaijan supports international efforts to combat climate change and is committed to reducing greenhouse gas emissions. He emphasized that serious steps are currently being taken to accelerate the transition to a "green" economy.
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