Category: General

A type of energy exchange in which quantities of crude oil or any petroleum product(s) are received or given up in return for other crude oil or petroleum products. It includes reciprocal sales and purchases.

The saturated hydrocarbon which is primarily extracted from natural gas, but also from recovered refinery gases. It is a gaseous hydrocarbon, the second most important constituent of natural gas. It also occurs dissolved in petroleum oils and as a by-product of oil refinery operations and of the carbonization of coal.

An assessment required by state law in relation to any action significantly affecting the environment, including certain exploration and drilling activities

A contractual agreement in which quantities of crude oil, petroleum products, natural gas, or electricity are delivered, either directly or through intermediaries, from one company to another company, in exchange for the delivery by the second company to the first company of an equivalent volume or heat content. The exchange may take place at the same time and location or at different times and/or locations. Such agreements may also involve the payment of cash

The purpose of this Israel law is to regulate the exploitation of energy sources, allocating them in accordance with the various industries needs and using them efficiently and sparingly

Act signed by President Bush in 2007 to improve vehicle fuel economy and help reduce U.S. dependence on oil through expanding the production of renewable fuels, reducing US dependence on oil, and confronting global climate change.