Spot

Spot

Latitude and longitude calculation which determines the place in the globe where the craft is situated.

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Part of Speech: Other
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Industry/Domain: Oil & gas
Category: Oil
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Related terms

spot on

Language; Idioms

If something is spot on, it is exactly right.

spot

Banking; Investment banking

In the case of stock market transactions the designation for a cash transaction (payment and delivery are immediate). See also spot transaction.

spot

Natural environment; Coral reefs

A circular area of pigment.

Dutch disease

Oil & gas; Oil

Term coined in 1977 to describe the decline of Dutch manufacturing after the discovery of natural gas fields in the country in the late Fifties. Dutch disease describes the ...

Paraguaná Refinery Complex

Oil & gas; Oil

The Paraguaná Refinery Complex is the biggest crude oil refinery complex in Venezuela. It is also considered the world's second largest refinery complex. The Paraguaná Refinery ...

motor spirit

Oil & gas; Oil

The light fuel used in spark ignition engines in cars, motorcycles, etc , often referred to as petrol or gasoline.

buy-back price

Oil & gas; Oil

The purchase price that an oil company pays to a state for oil that the company produces but which belongs to the state.

derv, derv fuel

Oil & gas; Oil

An acronym for diesel engine road vehicle fuel, a medium-light liquid fuel derived from gas oil.

dialkene

Oil & gas; Oil

An aliphatic compound containing two double carbon-to-carbon bonds in its molecules.

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Industry/Domain: Holiday Category: National holidays

Canada Day

Canada Day celebrates the the union of three British colonies (Nova Scotia, New Brunswick, and Province of Canada) into what is present-day Canada. ...