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

Company-operated automotive outlet

Energy; Coal

One of three types of company automotive (retail) outlets. This type of outlet is operated by salaried or commissioned personnel paid by the reporting company.

Electric system loss

Energy; Coal

Total energy loss from all causes for an electric utility.

Company-operated retail outlet

Energy; Coal

Any retail outlet (i.e., service station) which sells motor vehicle fuels and is under the direct control of a firm that sets the retail product price and directly collects all or part of the retail ...

Electric system reliability

Energy; Coal

The degree to which the performance of the elements of the electrical system results in power being delivered to consumers within accepted standards and in the amount desired. Reliability encompasses ...

Competitive transition charge

Energy; Coal

A non-bypassable charge levied on each customer of the distribution utility, including those who are served under contracts with nonutility suppliers, for recovery of the utility's stranded costs ...

Electric utility

Energy; Coal

A corporation, person, agency, authority, or other legal entity or instrumentality aligned with distribution facilities for delivery of electric energy for use primarily by the public. Included are ...

Completion (oil/gas production)

Energy; Coal

The term refers to the installation of permanent equipment for the production of oil or gas. If a well is equipped to produce only oil or gas from one zone or reservoir, the definition of a "well" ...