Exxon Mobil is considering investing billions of dollars into its Singapore refinery so as to be able to comply with IMO2020 rules and regulations. Should the investment proceed Exxon Mobil will be able to offer LSFO as a fully compliant bunker fuel to the maritime sector.
Exxon Mobil joins the ranks of other oil majors such as; Shell, Chevron and BP, in offering alternative fuel options in the run up to implementation date (1st January 2020) of IMO2020.