Petrol

Petrol

a naturally occurring, flammable liquid consisting of a complex mixture of hydrocarbons of various molecular weights and other liquid organic compounds, that are found in geologic formations beneath the Earth's surface. A fossil fuel, it is formed when large quantities of dead organisms, usually zooplankton and algae, are buried underneath sedimentary rock and undergo intense heat and pressure.

Industry: Energy

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Petrol

Bone coal

Energy; Coal

Coal with a high ash content; it is dull in appearance, hard, and compact.

Ansi assembly identifier

Energy; Coal

The serial numbering scheme adopted by the American National Standards Institute (ANSI) to ensure uniqueness of an assembly serial number.

Book value

Energy; Coal

The portion of the carrying value (other than the portion associated with tangible assets) prorated in each accounting period, for financial reporting purposes, to the extracted portion of an ...

Completion date (oil/gas production)

Energy; Coal

The date on which the installation of permanent equipment has been completed as reported to the appropriate regulatory agency. The date of completion of a dry hole is the date of abandonment as ...

Electric utility divestiture

Energy; Coal

The separation of one electric utility function from others through the selling of the management and ownership of the assets related to that function. It is most commonly associated with selling ...

Electric utility generator

Energy; Coal

A generator that is owned by an electric utility, (see definition of electric utility) or a jointly owned generator with the greatest share of the generator being electric utility owned. Note: If two ...

Compressed natural gas (CNG)

Energy; Coal

Natural gas which is comprised primarily of methane, compressed to a pressure at or above 2,400 pounds per square inch and stored in special high-pressure containers. It is used as a fuel for natural ...