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 the International Petroleum Industry.
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Petroleum Industry means a Contractor conducting Petroleum Operations pursuant to the Nepal Petroleum Act, 2040 (1983).
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Examples of Petroleum Industry in a sentence

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

  • The Contractor shall promptly run tests after completion of drilling, as it may determine to be required under Modern Oil Field and Petroleum Industry Practices in respect of such Discovery, to determine whether the Discovery is of potential commercial interest and submit the informationin relation to the particulars of such Discoveryin writing as per the prescribed format within one hundred and eighty(180) days fromthe initial notification of the Discovery to the Management Committee.

  • In general, Contractor shall make available appropriate managerial and technological skills and personnel to the FOD with a view to ensuring that Petroleum Operations can be performed in accordance with Best International Petroleum Industry Practices.

  • American Petroleum Institute (API) Petroleum Industry Data Exchange (PIDX) Royalty Regulatory Reports Implementation Guide.

  • Operation and calibration of the metering equipment and procedures for measurement and sampling shall be in accordance with Best International Petroleum Industry Practices.

  • For the avoidance of doubt, development work shall include the detailed engineering and design work customarily undertaken in accordance with Good International Petroleum Industry Practice prior to the Final Investment Decision and construction activities.

  • In addition, the passage of the Nigerian Petroleum Industry Xxxx could lead to further uncertainty in demand in the region.

  • The Development Plan shall be based on sound engineering and economic principles and the Best Petroleum Industry Practice and shall consider the Maximum Efficient Rate of Production appropriate to the Commercial Discovery.

  • The Development Plan shall be designed to carry out an optimized and effective Development of the Commercial Discovery consistent with Best International Petroleum Industry Practices.

  • The Contractor shall be responsible for the preparation and implementation of the Work Programmes which shall be performed in the most appropriate way in accordance with Article 9 of this Contract and Good International Petroleum Industry Practice.


More Definitions of Petroleum Industry

Petroleum Industry has the meaning specified Section 113.
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Petroleum Industry means the upstream, midstream and downstream petroleum industry in Nigeria;
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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 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 means the crude oil removed from the earth and the oils derived from tar sands, shale, and coal.

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

  • Oil means petroleum in any form including crude oil, fuel oil, sludge, oil refuse and refined products (other than petrochemicals which are subject to the provisions of Annex II of the present Convention) and, without limiting the generality of the foregoing, includes the substances listed in Appendix I to this Annex.

  • Good Industry Practice means standards, practices, methods and procedures conforming to the Law and the exercise of 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 within the relevant industry or business sector;

  • Natural Gas or "Gas" shall mean natural gas, processed, unprocessed, vaporized liquid natural gas, synthetic gas, propane-air mixture or any mixture of these gases.