Home > Industry/Domain > Oil & gas > Oil

Oil

This category refers to oil as petroleum, a liquid flammable that occurs in nature that has a complex mixture of hydrocarbons and other varying liquid organic compounds. Oil is found in geologic formations under the Earth's surface.

Industry: Oil & gas

Add a new term

Contributors in Oil

Become a Contributors

Oil

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 apparent relationship ...

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 Complex was created by ...

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.

gauging

Oil & gas; Oil

The process of measuring bulk quantities of liquid The various steps in the process involve accurate measurement of volume, temperature, specific gravity or density, and finally, a calculation of the ...