Texaco will hold 69 percent and Chevron 31 percent of the shares in Fuel and Marine Marketing LLC which will handle the Texaco and Chevron activities in producing and distributing marine lubricants and residual fuels.
32.
"Residual fuels " are the " dregs " of the distillation process and are a thicker, heavier oil, or oil with higher viscosity, which are so thick that they are not readily pumpable unless heated.
33.
The bartering in the region involved trading residual fuel and crude oil for electricity and other products, " making it difficult to determine whether fair value has been received for Iraq's oil revenues, " the report said.
34.
The natural gas storage report takes away pressure on utilities and industrial users to switch from natural gas into either residual fuel or heating oil, said Tim Evans, senior energy analyst at IFR Pegasus in New York.
35.
In 1936, Ferrovie dello Stato opened a new 60 MW power, producing two million pounds of water vapor, in addition to natural gas ( 93 % carbon dioxide, 2.5 % hydrogen sulphide, 4.5 % of residual fuel ).
36.
Although gasoline has not been sold for twenty years, Hart has access to a virtually inexhaustible supply, the few inches of residual fuel remaining at the bottom of subterranean storage tanks in every abandoned gas station in the country.
37.
Coastal Corp ., Corpus Christi, Texas ( 100, 000 bbl / day ) U : The company plans to add a coking unit to boost residual fuel conversion by 6, 000 bbl / day to 18, 000 bbl / day.
In 1973, residual fuel oil produced 16.8 % of the electricity in the US . By 1983, it had fallen to 6.2 %, and, electricity production from all forms of petroleum, including diesel and residual fuel, is only 3 % of total production.
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