|
G
Gas
Field
A field containing natural gas but no oil.
Gas
Injection
An enhanced recovery technique in which natural gas is injected under
pressure into a producing reservoir through an injection well to drive
oil to the well bore and the surface.
Gasification
An
environmentally superior technology for converting a wide variety of
hydrocarbon fuels (coal, heavy oil, petroleum coke, natural gas and
wastes) into clean synthetic gas, or "syngas," which is used
to produce electricity, industrial chemicals and gases as well as fuels
and fertilizers.
Gasoline
The light fuel used to spark ignition engines in cars, motorcycles, etc.
Modern gasolines are blends of petroleum liquids that are produced in
several different processes and which generally contain additives. Sold
under the Phillips 66 brand at more than 6,500 stations in 26 states.
Gathering
Lines, Systems
The piping networks installed in oil or gas fields to transport
petroleum to a processing plant or bulk shipping point.
Global
Warming
A rise in the average global temperature. There is general agreement in
the scientific community that average global temperatures have risen
about one degree Fahrenheit during the past century. Phillips supports
taking actions now that make good environmental and economic sense in
their own right -- such as energy conservation and improved efficiency.
The company also supports further work to improve our understanding of
the impact of human activity on climate.
Go-devil
A scraper that is run through the pipeline to clear out loose objects
and clean the wall of the line.
Goals
Phillips' corporate goals are: a total annual return of 15 percent on a
5-year rolling average; quality products, superior services and
innovative solutions for our customers; and opportunity, development and
recognition for our employees.
|