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Hydroprocessing is a type of oilfield equipment and services that involves the use of hydrogen to convert heavy crude oil into lighter, more valuable products. This process is used to remove sulfur, nitrogen, and other impurities from the crude oil, making it more suitable for use in the production of gasoline, diesel, and other petroleum products. Hydroprocessing is also used to increase the octane rating of gasoline and to reduce the amount of sulfur in diesel fuel.
Hydroprocessing is a key component of the oilfield equipment and services industry, as it helps to improve the quality of crude oil and increase the efficiency of oil production. It is also used to reduce the environmental impact of oil production, as it helps to reduce the amount of sulfur and other pollutants released into the atmosphere.
Companies in the hydroprocessing market include Chevron Corporation, ExxonMobil Corporation, Royal Dutch Shell, BP plc, Total SA, and Valero Energy Corporation. Show Less Read more