GLOSSARY

Probable Reserves

Reserves not yet "proven", but are estimated to have a better ...
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Proven Reserves

Reserves which on available evidence are virtually certain to be technically ...
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Personal Protection Equipment (PPE)

Equipment / clothing which offers protection against risks to health and ...
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Refinery

Plant where crude oil is separated and transformed into marketable products.
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Reformulated fuels

Gasoline, diesel or other fuels which have been modified to reflect ...
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Royalty

The owner's share of production or revenues retained by government or ...
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Risk

Measure of likelihood of occurrence of an undesirable event and of ...
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Risk Assessment

Careful consideration by competent persons of hazards associated with a task. ...
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Risk Management

System that eliminates or mitigates threat from hazards.
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