Oil & Gas

Fossil fuels are fuels formed by natural processes such as anaerobic decomposition of buried dead organisms, containing energy originating in ancient photosynthesis. The age of the organisms and their resulting fossil fuels is typically millions of years, and sometimes exceeds 650 million years. Fossil fuels contain high percentages of carbon and include petroleum, coal, and natural gas. Other commonly used derivatives include kerosene and propane. Fossil fuels range from volatile materials with low carbon:hydrogen ratios like methane, to liquids like petroleum, to nonvolatile materials composed of almost pure carbon, like anthracite coal. Methane can be found in hydrocarbon fields either alone, associated with oil, or in the form of methane clathrates.

The theory that fossil fuels formed from the fossilized remains of dead plants by exposure to heat and pressure in the Earth's crust over millions of years was first introduced by Georgius Agricola in 1556 and later by Mikhail Lomonosov in the 18th century.

The Energy Information Administration estimates that in 2007 the primary sources of energy consisted of petroleum 36.0%, coal 27.4%, natural gas 23.0%, amounting to an 86.4% share for fossil fuels in primary energy consumption in the world. Non-fossil sources in 2006 included nuclear 8.5%, hydroelectric 6.3%, and others (geothermal, solar, tidal, wind, wood, waste) amounting to 0.9%. World energy consumption was growing about 2.3% per year.

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Wikipedia