In what could be a hard slap for the environment, ExxonMobil, Chevron, BP, Shell, Valero, ConocoPhillips and several other oil majors are facing a lawsuit for the manufacture and sale of ethanol-blended gasoline due to the allegedly blended biofuels damaging marine fuel tanks and engines including polluting the marine environment.
The lawsuits is costing thousands of dollars in repairs of hard items alone. It was understood that the ethanol in gasoline fuel has corrosive properties and dissolved the fibreglass resins used in the fibreglass tanks as well as engines.
Since the banning of methyl tertiary butyl ether (MTBE) in 2004, Ethanol has been added to regular gasoline to boost octane levels, reduce engine knocking and improve vehicle performance.
So far, Chevron, BP, Shell, Valero and ConocoPhillips are the oil majors facing with the lawsuits with other names like PetroDiamond, Tower Energy and Big West currently on the list as well.
The lawsuits is costing thousands of dollars in repairs of hard items alone. It was understood that the ethanol in gasoline fuel has corrosive properties and dissolved the fibreglass resins used in the fibreglass tanks as well as engines.
Since the banning of methyl tertiary butyl ether (MTBE) in 2004, Ethanol has been added to regular gasoline to boost octane levels, reduce engine knocking and improve vehicle performance.
So far, Chevron, BP, Shell, Valero and ConocoPhillips are the oil majors facing with the lawsuits with other names like PetroDiamond, Tower Energy and Big West currently on the list as well.
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