XBRL meaning in oil and gas
Definition
Extensible Business Reporting Language
XBRL means Extensible Business Reporting Language. From 2Q 2011 a major oil and gas company must report using XBRL for all SEC (new York exchange) submissions, and the UK HMRC and Companies House plan to require XBRL…
From 2Q 2011 a major oil and gas company must report using XBRL for all SEC (new York exchange) submissions, and the UK HMRC and Companies House plan to require XBRL submissions for corporation tax and UK corporate filings from the same date. It is a global financial "bar-coding" system for coding the accounts filings.
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