Fuel oil and VGO
16 November 2023

The heavy part of the barrel is Coral Energy’s core strength – this is where we started. These are the heaviest liquid cuts left after processing (also called ‘residuals’).

The residuals, also referred to as heavy feedstocks are used both to compliment and diversify refineries’ raw material streams serving as density and yield correctors or optimising costs.

Identifying these feedstock supplements to meet refiners’ needs and delivering them or indeed finding a ‘home’ for a specific fuel oil or a VGO stream takes extensive market knowledge, trading skills and logistics capabilities.

Working together with our own bunkering division and other bunker industry participants we make sure we deliver the product of the right quality, at the right price, and right on time.

Another very important application for the lower end of the barrel is serving as components for heavy marine fuels. The modern globally strict limits on sulphur, viscosity, flash, pour point and metal content make sourcing, blending and trading bunker components very challenging. Coral Energy’s team makes sure that the components which are delivered work well together preventing dangerous sediment which may damage sensitive engine parts and delivering maximum engine performance.

News and Insights
22 March 2024
UAE Reveals Details of National Policy on Biofuels
The policy supports the country's shift to clean and sustainable energy sources....
Read more
20 March 2024
Coral Energy Deny Closure of Bank Accounts by Emirates NBD
Emirates NBD and Banque Misr have not closed any accounts for Coral Energy. We maintain our relationships with the banks without any disruptions, and operations continue as usual....
Read more
12 March 2024
Bunkering Update – Singapore
Singapore keeps strengthening its position as the world’s leading bunker trading hub....
Read more
7 March 2024
Сoral Energy at POC2024 in Kuala Lumpur
Coral Energy’s biofuels team was delighted to attend the 35th Palm & Lauric Oils Price Outlook Conference on 4-6 March 2024 in Kuala Lumpur ....
Read more
4 March 2024
Сoral Energy at London’s International Energy Week
Coral Energy’s senior management and members of the trading team attended the International Energy Week in London on 26-29 February 2024....
Read more
21 February 2024
Coral Energy’s Statement in Response to Recent WSJ Article
On 19 February, The Wall Street Journal published an article that omits vital information that we provided to the WSJ reporter....
Read more
28 November 2023
The market is experiencing higher premia for finished RMG grade and components
Coral Energy's analysts have identified several sustainable bullish factors contributing to the increased premia and HI-5 spread....
Read more
27 November 2023
Coral Energy attends Turkey – Black Sea and East Med Refining and Trading Conference in Izmir
Coral Energy actively participated in the annual Turkey – Black Sea and East Med Refining and Trading Conference held on 23-24 November 2023 in Izmir, Turkey. ...
Read more
18 October 2023
Coral Energy strengthens commitment to African market at Africa Oil Week in Cape Town
Coral Energy reinforced its commitment to exploring new business opportunities in the African market by participating in the esteemed Africa Oil Week held on 7-11 October 2023 in Cape Town, South Africa....
Read more
12 September 2023
Coral Energy participates in APPEC 2023 conference in Singapore
Coral Energy, represented by a delegation of senior executives and traders, made a notable impact at the prestigious Asia Pacific Petroleum Conference (APPEC), held in Singapore on 4-6 September 2023. ...
Read more
22 March 2024
UAE Reveals Details of National Policy on Biofuels
The policy supports the country's shift to clean and sustainable energy sources....
Read more
20 March 2024
Coral Energy Deny Closure of Bank Accounts by Emirates NBD
Emirates NBD and Banque Misr have not closed any accounts for Coral Energy. We maintain our relationships with the banks without any disruptions, and operations continue as usual....
Read more
12 March 2024
Bunkering Update – Singapore
Singapore keeps strengthening its position as the world’s leading bunker trading hub....
Read more
7 March 2024
Сoral Energy at POC2024 in Kuala Lumpur
Coral Energy’s biofuels team was delighted to attend the 35th Palm & Lauric Oils Price Outlook Conference on 4-6 March 2024 in Kuala Lumpur ....
Read more
4 March 2024
Сoral Energy at London’s International Energy Week
Coral Energy’s senior management and members of the trading team attended the International Energy Week in London on 26-29 February 2024....
Read more
21 February 2024
Coral Energy’s Statement in Response to Recent WSJ Article
On 19 February, The Wall Street Journal published an article that omits vital information that we provided to the WSJ reporter....
Read more
28 November 2023
The market is experiencing higher premia for finished RMG grade and components
Coral Energy's analysts have identified several sustainable bullish factors contributing to the increased premia and HI-5 spread....
Read more
27 November 2023
Coral Energy attends Turkey – Black Sea and East Med Refining and Trading Conference in Izmir
Coral Energy actively participated in the annual Turkey – Black Sea and East Med Refining and Trading Conference held on 23-24 November 2023 in Izmir, Turkey. ...
Read more
18 October 2023
Coral Energy strengthens commitment to African market at Africa Oil Week in Cape Town
Coral Energy reinforced its commitment to exploring new business opportunities in the African market by participating in the esteemed Africa Oil Week held on 7-11 October 2023 in Cape Town, South Africa....
Read more
12 September 2023
Coral Energy participates in APPEC 2023 conference in Singapore
Coral Energy, represented by a delegation of senior executives and traders, made a notable impact at the prestigious Asia Pacific Petroleum Conference (APPEC), held in Singapore on 4-6 September 2023. ...
Read more
Media Contact
For media enquiries, please contact Coral Energy’s Media Relations team at media@coralenergy-group.com