Buy-back oil

Buy-back oil

Crude oil acquired from a host government whereby a portion of the government's ownership interest in the crude oil produced in that country may or should be purchased by the producing firm.

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Energy
Category: Coal; Natural gas; Petrol
Company: EIA
Product:
Acronym-Abbreviation:

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Related terms

buy-back oil

Energy; Coal; Natural gas; Petrol

Crude oil acquired from a host government whereby a portion of the government's ownership interest in the crude oil produced in that country may or should be purchased by the ...

oil

Industrial machinery; Industrial lubricants

A greasy, unctuous liquid of vegetable, animal, mineral or synthetic origin.

oil

Chronometry; Clock

To lubricate clocks effectively is one of the horologist's greatest problems. In the past, mixtures of animal and vegetable oils were used. Great care is necessary in refining ...

oil

Geography; Physical geography

Hydrocarbon based liquid commonly found in the pores of sedimentary rocks of marine origin.

oil

Arts & crafts; Fine art

Paint made of pigment mixed with oil usually linseed. The oil serves to keep the paint fluid for a period of time and then as a drying and hardening agent.

oil

Engineering; Civil engineering

Defined as oil of any kind or in any form including, but not limited to, petroleum, fuel oil, sludge, oil refuse, and oil mixed with wastes.

lignite

Energy; Coal

Lignite is a soft brown type of coal, with characteristics that places it somewhere between hard coal and peat. Lignite has a lower energy content and different characteristics ...

zechstein

Energy; Coal

Formations containing salt that were laid down in the second part of the Permian Period, the salt has risen up under or through the overlying formations in many places, producing ...

coal measures

Energy; Coal

The various strata which contain seams of coal.

Tavan Tolgoi

Energy; Coal

Situated at South Gobi desert in Mongolia, Tavan Tolgoi is the world's largest untapped coking coal reserve with an estimated deposit of 6 billion metric tons of steelmaking coal. ...

ethanol 95 (E95)

Energy (non-renewable); Coal; Natural gas; Petrol

A fuel containing a mixture of 95 percent ethanol and 5 percent gasoline

acid deposition

Energy; Coal

Refers to both wet deposition and dry deposition. Both occur as a result of ammonium, carbon, nitrogen, and sulfur mixing with water molecules to create a higher acidity than the ...

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