Key Impacts & Outcomes Who We Are How We Report President's Message Policies & Governance Social Performance HSE Performance Economic Performance Independent Report Social Performance Data HSE Performance Data Economic Performance Data GRI Reference Indicators Glossary & Abbreviations Forward Looking Statements
PDF Version of Talisman 2005 CR

Glossary And Abbreviations

BARREL OR bbl:
Petroleum industry standard barrel. Equals 0.159 m3.
boe:
Barrel of oil equivalent.
CAPP:
Canadian Association of Petroleum Producers.
CO2E:
Carbon dioxide equivalent.
CORPORATE GOVERNANCE:
Balance of powers between Boards of Directors, senior management, shareholders and stakeholders of companies.
CORPORATE RESPONSIBILITY OR CR:
Defined by the World Business Council for Sustainable Development as the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as the local community and society at large.
DECOMMISSIONING:
Taking out of use, ready for dismantling/removal.
EU:
European Union.
ENVIRONMENTAL AUDIT:
Systematic, documented verification process of objectively obtaining and evaluating audit evidence to determine whether specified environmental activities, events, conditions, management systems or information about these matters conform with audit criteria.
ENVIRONMENTAL IMPACT ASSESSMENT OR EIA:
A set of activities designed to contribute pertinent environmental information to project or program decision-making.
GIGAJOULES OR GJ:
109 joules or a billion joules.
GIGATONNES OR GT:
109 tonnes or a billion tonnes.
GLOBAL COMPACT:
An initiative by Kofi Annan, Secretary General of the United Nations, to engage the private sector in helping address common issues of environmental protection, human rights and labour.
GLOBAL REPORTING INITIATIVE OR GRI:
A multi-stakeholder process and independent institution whose mission is to develop and disseminate globally applicable Sustainability Reporting Guidelines.
KYOTO PROTOCOL:
The Kyoto Protocol to the UN Framework Convention on Climate Change (UNFCCC) was adopted in Kyoto on December 11, 1997. It contains quantified GHG emission limitation and reduction commitments, expressed in CO2 equivalent, for signatory countries.
LOST-TIME INJURIES:
Injuries that result in workers being unable to report to their next work shift.
m3:
Cubic metres.
mboe/d:
Thousand barrels of oil equivalent per day.
mcf:
Thousand cubic feet.
MEGAWATT OR MW:
106 watts or a million watts.
mg/L:
Milligram per litre.
mmboe:
Million barrels of oil equivalent.
mmbtu:
Million British thermal units.
mmcf/d:
Million cubic feet per day.
NON-GOVERNMENT ORGANIZATIONS OR NGO:
Groups with mutual interests and objectives that are non-profit and independent of government.
OPERATOR:
Company appointed by the co-venturers in a licence to manage the exploration for and, if successful, the production of oil/gas on behalf of the co-venturers.
ppm:
Parts per million.
PRODUCTION CARBON INTENSITY OR PCI:
The mass of carbon dioxide emissions emitted during the production of each unit of oil and gas. The greenhouse gas potentials of other greenhouse gases are included in the calculation.
PRODUCTION ENERGY INTENSITY OR PEI:
Energy consumed in the production of each unit of oil and gas.
RECLAMATION:
The process of converting lands disturbed by oil and gas activities to other productive land uses, involving reshaping areas to a stable configuration, establishment of drainage systems, placement of topsoil or plant growth media and revegetation through planting or seeding.
UDHR:
Universal Declaration of Human Rights.
UK:
United Kingdom.
UN:
United Nations.
US:
United States of America.
Maybe increase the dividend to common shareholders as your profits rise. Share some of the wealth with the commoners. Alex Simoes, 2004 Report feedback card