Because it is literally translated from Octane.
According to Baidu Smart Selected Information, Power Boy’s real name is Octavio Silva, and Octane literally translates to octane. Octavio is a spirited young man from the planet Psamata with a humorous personality. He is the son of the CEO of the Silva Drug Manufacturing Company.
Octane is a hero in the game "Apex Legends". Octane is a high-speed, mobile hero who can deploy devices to help his teammates.