The KBB is a fire safety shut-off valve for use on oil-burning equipment...
The valve is installed in the oil supply pipeline outside the building with the sensor mounted firmly inside the appliance above the burner. The capillary should then be run in a protected position without over-sharp bends particularly near the sensor and valve.
The KBB is the industry standard, and using this valve, property can be safeguarded against the risk of fuel being fed into a fire originating elsewhere than in the heating appliance (most fires in the home are of this type) and also against the risk of fire due to over-temperature of the oil burning equipment.