Houston Fuel Oil Terminal Company

Houston Fuel Oil Terminal Company (HFOTCO) is a leading marine terminal for storage of residual fuel oil and crude oil. Founded in 1978, the company owns and operates a world-class, 13.8 million barrels storage terminal, making it the largest provider of residual fuel oil storage in the U.S. Gulf Coast. HFOTCO's assets are strategically located on a 312-acre footprint at the widest point of the Houston Ship Channel, one of the largest trading centers for residual fuel oil and crude oil in the world. The company specializes in storing, blending, and transporting residual and crude oil via pipeline, barge, rail, truck, and ship for major oil companies, refiners, carbon black manufacturers, international trading firms, and bunker suppliers. HFOTCO's size, strategic location, diverse customer base, and extensive transportation infrastructure create the most attractive and liquid trading platform for residual fuel oil in North America. As an energy and oil and gas company, HFOTCO's presence in the United States positions it at the heart of the global energy industry. While specific details about the last investment and investors remain unavailable, HFOTCO's established standing, strategic location, and extensive infrastructure make it an intriguing prospect for potential venture capital investments. With its strong market position and essential role in the oil and energy supply chain, HFOTCO presents an opportunity for investors looking to tap into the resilience and significance of the energy sector.