Marine fuels: Small but significant for oil majors
Marine fuels only play a small part in the mix for oil majors, but ExxonMobil has a long-term commitment to the niche. It is also aiming for unspecified “significant” market share in the ports it serves, according to its marine fuels venture manager
‘It is a key dimension of how we think about the transportation industry and it is a key dimension of how we think about satisfying the need for energy that the transportation industry has,’ says ExxonMobil’s marine fuels venture manager Luca Volta