In the oil and gas industry, green oil refers to oligomers formed in all C2, C3, and C4 hydrogenation reactors of ethylene plants and other petrochemical production facilities; it is a mixture of C4 to C20 unsaturated and reactive components with about 90% aliphatic dienes and 10% of alkanes plus alkenes. Different heterogeneous and homogeneous catalysts are operative in producing green oils via the oligomerization of alkenes.