05.07.2009

Recovered energy power generation (REG) involves capturing unused waste heat from industrial processes and converting it into electricity that can be sold to power purchasers or used on site without any additional fuel consumption and with zero emission. REG is recognized as a preferred solution for energy efficiency, fossil fuel savings and GHG emission reductions. Economic incentives are frequently applied to REG projects

A measure of the resistance of a fuel to pre-ignition (“knock”) when burned in an internal combustion engine. The higher the number, the more anti-knock quality. Petrol’s Research Octane Number (RON) is measured under simple test conditions (see also octane rating)

An Industry Recommended Practice is a set of best practices and guidelines compiled by knowledgeable and experienced industry and government personnel intended to provide the operator or user with advice regarding the topic considered. IRPs are NOT a regulation. In the case of an inconsistency or conflict with any applicable legislative requirement, the legislative requirement prevails. The petroleum and petrochemical industry along with many safety organizations have addressed specific hazards in oil and gas well drilling, and servicing operations by developing a number of publications, recommended practices and guidelines that specifically address safe work practices. There are a number of organizations that provide specific standards for the petroleum industry, such as API, or the Association of Energy Service Companies (AESC), or the International Association of Drilling Contractors (IADC).

Energy sources that are indefinitely sustainable, that can be renewed/replenished in a short span of time, such as such as solar energy, geothermal heat, hydropower (water), biomass and wind. Less than 2% of the world’s energy is from renewable sources.

The process of converting lands disturbed by oil and gas activities to other productive land uses, involving reshaping areas to a stable configuration, establishment of drainage systems, placement of topsoil or plant growth and revegetation through planting or seeding

A rate class is a group of customers which is distinguished by the rate that this group pays for service as opposed to the actual customer class in which they would otherwise belong