Petroleum Industry definition

Petroleum Industry means the persons in Zimbabwe who are engaged in the business of procuring, selling or producing petroleum products;
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Petroleum Industry means a Contractor conducting Petroleum Operations pursuant to the Nepal Petroleum Act, 2040 (1983).
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Petroleum Industry means the International Petroleum Industry.
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Examples of Petroleum Industry in a sentence

  • The diesel indices for the different areas are weighted according to the diesel volume distribution in the relevant areas as obtained from the South African Petroleum Industry Association (SAPIA).

  • The diesel indices for the different areas are weighted according to the diesel volume distribution as obtained from the South African Petroleum Industry Association (SAPIA).

  • In “PM2.5 Speciation Profiles and Emission Factors from Petroleum Industry Gas-Fired Sources.” (Wien, England, et.

  • Retrospective exposure assessment for benzene in the Australian Petroleum Industry.

  • As used herein, the terms “proved reserves”, “proved developed reserves”, “proved developed producing reserves”, “proved developed nonproducing reserves” and “proved undeveloped reserves” shall be determined in accordance with Petroleum Industry Standards.

  • All Abandonment and site restoration activities shall be performed in accordance with Best International Petroleum Industry Practices.

  • One of the suggestions is that the NCV values in Schedule 1 of the Carbon Tax Act are based on Annexure A of the Technical Guidelines and that the proposed country specific NCV values of the South African Petroleum Industry Association (SAPIA) in Annexure D of the Technical Guidelines should be considered.

  • These grant guidelines, which were developed by Pay Governance from the Towers Watson 2012 Petroleum Industry and General Industry Compensation Data Banks as well as the Mercer Human Resource Consulting Energy 27 Survey, were constructed around the 50th percentile (median) competitive data.

  • IP Code part 21 The Institute of Petroleum Model Code of Safe Practice in the Petroleum Industry - Part 21: Guidelines for the control of hazards arising from static electricity.

  • IP Code part 15 The Institute of Petroleum Model Code of Safe Practice in the Petroleum Industry - Part 15: Area classification code for petroleum installations.


More Definitions of Petroleum Industry

Petroleum Industry means the industrial cluster that manufactures, imports, wholesales, distributes and retails Liquid Fuels, together with such associated industries as may be considered integral to the execution of those goals;
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Petroleum Industry means the discoverers and producers, refiners and traders of fuels, as well as
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Petroleum Industry has the meaning specified Section 113.
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Petroleum Industry. - means any operation directly incident to:
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Petroleum Industry means the upstream, midstream and downstream petroleum industry in Nigeria;
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Petroleum Industry means the industry engaged in the exploration for, and production of, petroleum in New Zealand, and other associated industries.
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Related to Petroleum Industry

  • Petroleum Operations means, as the context may require, Exploration Operations, Development Operations or Production Operations or any combination of two or more of such operations, including construction, operation and maintenance of all necessary facilities, plugging and abandonment of Xxxxx, safety, environmental protection, transportation, storage, sale or disposition of Petroleum to the Delivery Point, Site Restoration and any or all other incidental operations or activities as may be necessary.

  • Petroleum Industry Standards means the Definitions for Oil and Gas Reserves promulgated by the Society of Petroleum Engineers (or any generally recognized successor) as in effect at the time in question.

  • Petroleum refinery means each facility engaged in producing gasoline, kerosene, distillate fuel oils, residual fuel oils, lubricants, or other products through distillation of petroleum or through redistillation, cracking, extracting, or reforming of unfinished petroleum derivatives.

  • Petroleum liquids means crude oil, condensate, and any finished or intermediate products manufactured or extracted in a petroleum refinery.

  • Petroleum Products means gasolines and petroleum oil distillates or blend stocks as further described in Item 10.

  • Liquefied petroleum gas means a mixture of light hydrocarbons (predominantly propane, butane) that is gaseous under conditions of ambient temperature and pressure and that is maintained in a liquid state by an increase of pressure or lowering of temperature;

  • Approved Petroleum Engineers means (a) Netherland, Xxxxxx & Associates, Inc., (b) Xxxxx Xxxxx Company Petroleum Consultants, L.P. and (c) any other independent petroleum engineers reasonably acceptable to the Administrative Agent.

  • Petroleum product means crude oil, petroleum, refined petroleum products, byproducts and intermediate feed stocks, and other energy-related commodities, including, without limitation, blend components commonly used in the petroleum industry to improve characteristics of, or meet governmental or customer specifications for, petroleum or refined petroleum products.

  • Approved Petroleum Engineer means any reputable firm of independent petroleum engineers as shall be selected by Borrower and approved by Administrative Agent, such approval not to be unreasonably withheld.

  • Petroleum and Natural Gas Rights means the Vendor’s entire interest in those Petroleum Substances underlying the Lands in the respective formations to the extent that the same are described in Schedule “A” and are granted by the Leases, subject to the Permitted Encumbrances, and includes the interest and right of the Vendor in any lands or leases with which those Petroleum Substances have been pooled or unitized;

  • Oil and gas means petroleum, natural gas and other related hydrocarbons or minerals or any of them and all other substances produced or extracted in association therewith.

  • Petroleum means the crude oil removed from the earth and the oils derived from tar sands, shale, and coal.

  • Petroleum Substances means petroleum, natural gas, natural gas liquids, related hydrocarbons and any and all other substances, whether liquid, solid or gaseous, whether hydrocarbons or not, produced or producible in association with any of the foregoing.

  • Industry means those parties involved in the generation, transmission, distribution and retailing of electricity in New Zealand;

  • Oil ’ means oil of any kind or in any form, including, but not limited to, petroleum, fuel oil, sludge, oil refuse, and oil mixed with wastes other than dredged spoil;

  • Geothermal resources shall collectively mean the matter, substances and resources defined in subparagraph 21(a) that are not subject to this Lease but are located on adjacent land or lands in reasonable proximity thereto;

  • Natural Gas Liquids means those hydrocarbon components that can be recovered from natural gas as a liquid including, but not limited to, ethane, propane, butanes, pentanes plus, and condensates;

  • Exploration means all activities directed toward ascertaining the existence, location, quantity, quality or commercial value of deposits of Products.

  • Oil and Gas Business means the business of exploiting, exploring for, developing, acquiring, operating, producing, processing, gathering, marketing, storing, selling, hedging, treating, swapping, refining and transporting hydrocarbons and other related energy businesses.

  • Good Industry Practice means standards, practices, methods and procedures conforming to the Law and the degree of skill and care, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced person or body engaged in a similar type of undertaking under the same or similar circumstances.

  • Natural Gas or “Gas” means wet gas, dry gas, all other gaseous hydrocarbons, and all substances contained therein, including sulphur and helium, which are produced from oil or gas xxxxx, excluding those condensed or extracted liquid hydrocarbons that are liquid at normal temperature and pressure conditions, and including the residue Gas remaining after the condensation or extraction of liquid hydrocarbons from Gas such that any Gas sold under this Agreement shall be of the quality as indicated in Clause 7.

  • Coal means high-grade, medium-grade and low-grade category A and B coal within the meaning of the international codification system for coal established by the United Nations Economic Commission for Europe and clarified in the Council decision of 10 December 2010 on State aid to facilitate the closure of uncompetitive coal mines;

  • Crude Petroleum means the direct product of oil wells or a mixture of the indirect products transportable like the direct products and containing not more than two percent (2%) of sediment, water, and other impurities.

  • Gas well means a well producing gas or natural gas from a common source of gas supply as determined by the commission.

  • Bulk commodities means the following commodities, when shipped in rail tank cars, tanker trucks, trailers, other bulk wheeled conveyances, or pipelines:

  • Mining means the mining, extracting, producing, handling, milling or other processing of Products.