Heavy Fuel Oil Stocks List

Heavy Fuel Oil Stocks Recent News

Date Stock Title
May 17 EC Here's Why Hold Strategy Is Apt for BP Shares Right Now
May 17 EC Enbridge (ENB) Plans Equity Offering to Fund Major Acquisition
May 17 MPC Equinor's (EQNR) Empire Wind 1 Gets Final Approval in New York
May 16 MPC BP Invests in Hysata's $111M Green Hydrogen Technology Round
May 16 EC Eni (E) to Divest $1.52B Stake to Help Reduce Italy's Debt
May 16 MPC What Are the Key Takeaways From IEA's Oil Market Report?
May 15 MPC If You Invested $1000 In This Stock 5 Years Ago, You Would Have $3,300 Today
May 15 MPC Deadly US Oil Blast Exposes Risks of Pushing Profits Over Safety
May 15 MPC Elliott Management's Q1 moves include adding Nvidia, Transocean, exiting Valaris
May 15 MPC ExxonMobil (XOM) Strikes Oil With Likembe-01 Well Offshore Angola
May 15 MPC Equinor (EQNR), Petoro Optimize Operations With Asset Swap Deal
May 15 MPC Bears are Losing Control Over Marathon Petroleum (MPC), Here's Why It's a 'Buy' Now
May 15 MPC Chevron (CVX) Targeted by Short Sellers: Should You Worry?
May 15 MPC Marathon Petroleum’s CEO search concludes with a familiar face
May 14 MPC Marathon Petroleum just named its first female CEO— and it’s showing a trend for the CFO as a C-suite powerplayer
May 14 EC ExxonMobil (XOM) Bolsters Egypt Offshore Exploration Ties
May 14 MPC Marathon Petroleum Corporation (NYSE:MPC) is largely controlled by institutional shareholders who own 79% of the company
May 14 MPC New Strong Buy Stocks for May 14th
May 13 MPC Marathon Petroleum President Mannen to assume CEO role; Hennigan to become Chairman
May 13 MPC MPLX LP Announces Leadership Transition Effective August 1, 2024
Heavy Fuel Oil

Heavy Fuel Oil (HFO) is a category of fuel oils of a tar-like consistency identified as a "worse case substance". Also known as bunker fuel, or residual fuel oil, HFO is the result or remnant from the distillation and cracking process of petroleum. For this reason, HFO is contaminated with several different compounds including aromatics, sulfur and nitrogen, making emission upon combustion more polluting compared to other fuel oils. HFO is predominantly used as a fuel source for marine vessel propulsion due to its relatively low cost compared to cleaner fuel sources such as distillates. The use and carriage of HFO on-board vessels presents several environmental concerns, namely the risk of oil spill and the emission of toxic compounds and particulates including black carbon. Presently, the use of HFOs is banned as a fuel source for ships travelling in the Antarctic as part of the International Maritime Organization's (IMO) International Code for Ships Operating in Polar Waters (Polar Code). For similar reasons, an HFO ban in Arctic waters is currently being considered.

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