You are here:

Glossary

A
acre
approximately 0.004 square kilometres
ADS
American Depositary Share
AGM
Annual General Meeting
AMAR ICF
AMAR International Charitable Foundation
AOSP
Athabasca Oil Sands Project
API
American Petroleum Institute
B
bcf/d
billion cubic feet per day
b(/d)
barrels (per day)
boe(/d)
barrels of oil equivalent (per day); natural gas volumes are converted to oil equivalent using a factor of 5,800 standard cubic feet per barrel
C
CCS
Carbon capture and storage
CEO
Chief Executive Officer
CIT
Challenger Institute of Technology
CO2
carbon dioxide
COSIA
Canada Oil Sands Innovation Alliance
CSRC
Corporate and Social Responsibility Committee
CSSD
Center for Sustainable Shale Development
D
DECC
UK Department of Energy & Climate Change
DFID
UK Department for International Development
D&I
diversity and inclusion
DJSI
Dow Jones Sustainability Indexes
E
EDF
Environmental Defense Fund
EI
Energy Institute
EPA
US Environmental Protection Agency
EPS
Earnings per share
ERC
External Review Committee
EU
European Union
F
FID
Final investment decision
FLNG
Floating liquefied natural gas
G
GATE
Gas Access to Europe
GHG
Greenhouse gas
GRSP
Global Road Safety Partnership
GTL
Gas to liquids
H
HSE
Health, Safety and Environment
HSSE
Health, Safety, Security and Environment
I
IEA
International Energy Agency
IFRS
International Financial Reporting Standard(s)
IOCs
International oil companies
IOGP
International Association of Oil & Gas Producers
IPCC
Intergovernmental Panel on Climate Change’s
IPIECA
the global oil and gas industry association for environmental and social issues
ISO
International Organization for Standardization
IUCN
International Union for Conservation of Nature
J
JVs
Joint ventures
L
LNG
Liquefied natural gas
LPG
Liquefied petroleum gas
M
MMBtu
million British thermal units
mtpa
million tonnes per annum
MW
Megawatts
MWCC
Marine Well Containment Company
N
NACGOND
National Coalition on Gas Flaring and Oil Spills in the Niger Delta
NETS
Network of Employers for Traffic Safety
NGL
Natural gas liquids
NGO
Non-governmental organisation
NOAA
US National Oceanic and Atmospheric Administration
NYSE
New York Stock Exchange
O
OECD
Organization for Economic Cooperation and Development
OML
Oil mining lease
OPEC
Organization of the Petroleum Exporting Countries
OPL
Oil prospecting licence
P
per day
volumes are converted to a daily basis using a calendar year
PSA
Production-sharing agreement
PSC
Production-sharing contract
R
R&D
Research and development
REMCO
Remuneration Committee
ROACE
Return on average capital employed
RRR
Reserves replacement ratio
S
SAESOP
Shell All Employee Share Ownership Plan
SAM
Sustainable Asset Management
scf
standard cubic feet
scf(/d)
standard cubic feet (per day)
SCiN
Shell Companies in Nigeria
SEC
United States Securities and Exchange Commission
SEFA
Sustainable Energy for All
SEPC
Shell Eastern Petrochemicals Complex
SGBP
Shell General Business Principles
SMEs
Small and medium enterprises
SNEPCo
Shell Nigeria Exploration and Production Company
SP
Social Performance
SPDC
Shell Petroleum Development Company
STV
Shell Technology Ventures
T
TNC
The Nature Conservancy
TRCF
Total recordable case frequency
U
UK
United Kingdom
UN
United Nations
UNDP
United Nations Development Programme
UNEP
United Nations Environment Programme
USA
United States of America
V
VOC
Volatile organic compounds
VPSHR
Voluntary Principles on Security and Human Rights
W
WTI
West Texas Intermediate