3 Terms
Home > Industry/Domain > Energy > 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
Add a new termContributors in Petrol
Petrol
Value (of shipments)
Energy; Coal
The value received for the complete systems at the company's net billing price, freight-on-board factory, including charges for cooperative advertising and warranties. This does not include excise ...
Oxygenates
Energy; Coal
Substances which, when added to gasoline, increase the amount of oxygen in that gasoline blend. Ethanol, Methyl Tertiary Butyl Ether (MTBE), Ethyl Tertiary Butyl Ether (ETBE),and methanol are common ...
Redrill footage
Energy; Coal
Occasionally, a hole is lost or junked and a second hole may be drilled from the surface in close proximity to the first. Footage drilled for the second hole is defined as "redrill footage." Under ...
Standby service
Energy; Coal
Support service that is available as needed to supplement a customer, a utility system, or another utility if a schedule or an agreement authorises the transaction. The service is not regularly used.
Value added by manufacture
Energy; Coal
A measure of manufacturing activity that is derived by subtracting the cost of materials (which covers materials, supplies, containers, fuel, purchased electricity, and contract work) from the value ...
Reduced use-off hours
Energy; Coal
A conservation feature consisting of manually or automatically reducing the amount of heating or cooling produced during the hours a building is not in full use.
