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A-B

A Alcohol. The family name of a group of organic chemical compounds composed of carbon, hydrogen, and oxygen. The series of molecules vary in chain length and are composed of a hydrocarbon plus a hydroxyl group; CH3-(CH2)n-OH (e.g., methanol, ethanol, and tertiary butyl alcohol). Alkylate. The product of an alkylation reaction. It usually refers to …

C-D

C Captive Refinery Oxygenate Plants. Oxygenate production facilities located within or adjacent to a refinery complex. Catalytic Cracking. The refining process of breaking down the larger, heavier, and more complex hydrocarbon molecules into simpler and lighter molecules. Catalytic cracking is accomplished by the use of a catalytic agent and is an effective process for increasing …

E

Electricity (Purchased). Electricity purchased for refinery operations that is not produced within the refinery complex. Ending Stocks. Primary stocks of crude oil and petroleum products held in storage as of 12 midnight on the last day of the month. Primary stocks include crude oil or petroleum products held in storage at (or in) leases, refineries, …

F Field Production. Represents crude oil production on leases, natural gas liquids production at natural gas processing plants, new supply of other hydrocarbons/ oxygenates and motor gasoline blending components, and fuel ethanol blended into finished motor gasoline. Flexicoking. A thermal cracking process which converts heavy hydrocarbons such as crude oil, tar sands bitumen, and distillation …

O OPEC. The acronym for the Organization of Petroleum Exporting Countries, that have organized for the purpose of negotiating with oil companies on matters of oil production, prices and future concession rights. Current members are Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, and Venezuela. The Neutral Zone between Kuwait …

R RBOB (Reformulated Gasoline BIendstock for Oxygenate Blending). A motor gasoline blending component which, when blended with a specified type and percentage of oxygenate, meets the definition of reformulated gasoline. Refinery. An installation that manufactures finished petroleum products from crude oil, unfinished oils, natural gas liquids, other hydrocarbons, and oxygenates. Refinery Input, Crude Oil. Total …