Fuel oil, which is the residue from distilling crude oil during the refining process, refers to a range of the least volatile and heaviest of the commercially used fuels.
Middle distillates are used primarily as fuel for heating, lighting and transporting globally
LPG refers not to a single gas but to a group of flammable hydrocarbon gases which are liquefied through pressurisation.
Naphtha is the main feedstock for the petrochemical industry to manufacture petroleum components, such as olefins and aromatics.
We Source Petroleum Products globally.
All in-bound fuel transfers are subject to rigorous testing by independent inspectors and we require all trading partners to observe their legal and regulatory obligations, and oppose corruption, market abuse and unethical business practices.
Under our Know Your Counterparty (KYC) procedures, our compliance officers conduct due diligence for each new counterparty. These checks support our anti-bribery, anti-corruption and anti-money laundering policies.
All Wixenergy personnel are required to conform to clearly articulated standards and procedures in relation to the HSEC concerns.
Wixenergy and its counterparties appoint independent inspectors to supervise all transfers of hydrocarbons, water washings and waste.