Results for tag: "Heavy Fuel Oil"

Heavy Fuel Oil (HFO) is a type of fuel oil used in large stationary engines and boilers, as well as in marine vessels. It is a residual fuel oil, meaning it is a by-product of the refining process of crude oil. HFO is a thick, black, viscous liquid that is composed of a complex mixture of hydrocarbons. It is a relatively inexpensive fuel, and is used in a variety of applications, including power generation, industrial heating, and marine propulsion. HFO is a major component of the oil market, and is used in a variety of industries. It is a key fuel for power generation, and is used in many countries around the world. In the marine sector, HFO is used in large vessels, such as cargo ships, tankers, and cruise ships. It is also used in smaller vessels, such as fishing boats and pleasure craft. Some of the major companies in the HFO market include Shell, BP, Chevron, ExxonMobil, Total, and Valero. These companies are involved in the production, refining, and distribution of HFO. They are also involved in the development of new technologies and processes to improve the efficiency of HFO production and use. Show Less Read more