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UCY ENERGY supplies petroleum products physically and acts as a sole-financial counterpart for oil-swaps

 

Petroleum products are useful materials derived from crude oil (petroleum) as it is processed in oil refineries.

According to crude oil composition and demand, refineries can produce different shares of petroleum products. Largest share of oil products is used as energy carriers: various grades of fuel oil and gasoline. Refineries also produce other chemicals, some of which are used in chemical processes to produce plastics and other useful materials. Since petroleum often contains a couple of percent sulfur, large quantities of sulfur are also often produced as a petroleum product. Hydrogen and carbon in the form of petroleum coke may also be produced as petroleum products. The hydrogen produced is often used as an intermediate product for other oil refinery processes such as hydrogen catalytic cracking (hydrocracking) and hydrodesulfurization.

 

 

 

 

UCY Energy Group

 

 
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last update: Dezember 28, 2018