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Neutral Oil News

22 Sep 2021

China's First Carbon-neutral Oil Cargo Certified

Illustration only - Credit:oranhall

China's refining giant Sinopec Corp said on Wednesday it has jointly certified the country's first carbon-neutral crude oil cargo with shipping giant Cosco Shipping and China Eastern Airlines.The 30,000-tonne cargo was produced by Sinopec in Angola and shipped by Cosco Shipping to an east China-based Sinopec refinery for processing, Sinopec said.To offset the carbon dioxide produced during the process from crude production to shipping to consumption by vehicles and airplanes, the three state firms bought Chinese Certified Emissions Reductions credits.These credits will go to investing in carbo

25 Aug 2014

Coast Guard, Stakeholders to Meet Disabled Tanker in San Francisco Bay

The U.S. Coast Guard, along with several federal, state and local partner agencies, have formed a safety and assessment team with the owners of the disabled tanker Pine Galaxy to ensure the safety of the ship's crew and finalize plans for the ship to be brought into the port of San Francisco for repairs. The 485-foot Bahamian registered ship experienced an engine room fire on Aug. 13 that resulted in the death of one crew member and the loss of electrical power and propulsion. The ship, a mixed-product carrier, is currently being towed toward San Francisco with a varying arrival time based on weather conditions and the speed of the tow. Cargoes include neutral oil, tetramer, propylene tetramer and vegetable oil.

24 Aug 2014

San Francisco Port Prepares for Disabled Tankship Arrival

The U.S. Coast Guard informs that along with several federal, state and local partner agencies, it has formed a safety and assessment team with the owners of the disabled tanker 'Pine Galaxy' to ensure the safety of the ship’s crew and finalize plans for the ship to be brought into the Port of San Francisco for repairs. The 485-foot Bahamian registered ship experienced an engine room fire on Aug. 13 that resulted in the death of one crew member and the loss of electrical power and propulsion. The ship, a mixed-product carrier, is currently being towed toward San Francisco with a varying arrival time based on weather conditions and the speed of the tow. Cargoes include neutral oil, tetramer, propylene tetramer and vegetable oil.