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

Heavy rail

Energy; Coal

An electric railway with the capacity for a "heavy volume" of traffic and characterised by exclusive rights-of-way, multi-car trains, high speed and rapid acceleration, sophisticated signaling, and ...

Manufacturing establishment

Energy; Coal

An economic unit at a single physical location where mechanical or chemical transformation of materials or substances into new products are performed.

Kerosene

Energy; Coal

A light petroleum distillate that is used in space heaters, cook stoves, and water heaters and is suitable for use as a light source when burned in wick-fed lamps. Kerosene has a maximum distillation ...

Hedging

Energy; Coal

The buying and selling of futures contracts so as to protect energy traders from unexpected or adverse price fluctuations.

Market clearing price

Energy; Coal

The price at which supply equals demand for the Day-ahead or hour-ahead markets.

Kerosene-type jet fuel

Energy; Coal

A kerosene-based product having a maximum distillation temperature of 400 degrees Fahrenheit at the 10-percent recovery point and a final maximum boiling point of 572 degrees Fahrenheit and meeting ...