Chevron CorporationChevron Corporation is an American multinational energy corporation predominantly in oil and gas. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is headquartered in San Ramon, California, and active in more than 180 countries. Within oil and gas, Chevron is vertical integrated and is involved in hydrocarbon exploration, production, refining, marketing and transport, chemicals manufacturing and sales, and power generation.
Heavy fuel oilHeavy fuel oil (HFO) is a category of fuel oils of a tar-like consistency. 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 emissions upon combustion more polluting compared to other fuel oils. HFO is predominantly used as a fuel source for marine vessel propulsion using marine diesel engines due to its relatively low cost compared to cleaner fuel sources such as distillates.
Strait of HormuzThe Strait of Hormuz (hɔrˈmuːz تنگه هرمز Tangeh-ye Hormoz , مَضيق هُرمُز Maḍīq Hurmuz, or مَضيق باب السلام Madīq Bab Al Salam ["the door of peace"]) is a strait between the Persian Gulf and the Gulf of Oman. It provides the only sea passage from the Persian Gulf to the open ocean and is one of the world's most strategically important choke points. On the north coast lies Iran, and on the south coast lies the Musandam peninsula, shared by the United Arab Emirates and Musandam Governorate, an exclave of Oman.