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HOU
(redirected from Heavy Oil Upgrading)

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AcronymDefinition
HOUHouston, TX, USA - Houston Hobby Airport (Airport Code)
HOUHeavy Oil Upgrading
HOUHellenic Open University (Greece)
HoUHordes of the Underdark (gaming, Neverwinter Nights Expansion Pack)
HOUHands-On Universe (educational program; University of California, Berkeley)
HOUHanoi Open University (Hanoi, Vietnam)


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Venezuela, where majors had poured billions of dollars into contracts based on low taxes, earlier this year raised the royalty from 1% to 17% on its existing heavy oil upgrading ventures).
The decrease reflects reduced investment requirements as three heavy oil upgrading projects in the Orinoco Tar Belt are completed.
The Company intends to participate in this business by leveraging its heavy oil upgrading technology.
 
 
 
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