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Bunkering is the supplying of fuel for use by ships (such fuel is referred to as bunker), [1] including the logistics of loading and distributing the fuel among available shipboard tanks. [2] A person dealing in trade of bunker (fuel) is called a bunker trader. The term bunkering originated in the days of steamships, when coal was stored in ...
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 contains several different compounds that include aromatics , sulfur , and nitrogen , making emissions upon combustion more polluting compared to other fuel oils. [ 1 ]
An oil tanker taking on fuel, or "bunkering" Fuel oil is any of various fractions obtained from the distillation of petroleum (crude oil). Such oils include distillates (the lighter fractions) and residues (the heavier fractions). Fuel oils include heavy fuel oil (bunker fuel), marine fuel oil (MFO), furnace oil (FO), gas oil (gasoil), heating oils (such as home heating oil), diesel fuel, and ...
One of the most symbolic oil finds in United States history is being tapped once again, as private investors attempt to exert more oil from Spindletop in Beaumont, Texas. Another find in this ...
Due to the great surge in American production of oil, natural gas, and natural gas liquids since 2008, those products have been cheaper in the North American market than worldwide, giving American refiners a major cost advantage. [17] The discount on US crude is partially attributed to the long-standing federal ban on exports of American crude oil.
The term "bunker" or "fuel bunker" is typically only used for storage areas for solid fuels, especially coal; the term "fuel tank" is typically used for liquid fuels (such as gasoline or petrol), or gaseous fuels (such as natural gas).
US oil output hit an all-time high of 13.4 million barrels per day recently, according to weekly federal data. That is just above the peak of 13.1 million barrels per day under Trump.
America’s emergency oil stockpile has plunged to 40-year lows. The shrinking Strategic Petroleum Reserve is limiting Washington’s ability to shield consumers from the fallout of Saudi Arabia ...