Petroleum coke, abbreviated coke, pet coke or petcoke, is a final carbon-rich solid material that derives from oil refining, and is one type of the group of fuels referred to as cokes. Petcoke is the coke that, in particular, derives from a final cracking process—a thermo-based chemical engineering process that splits long chain hydrocarbons of petroleum into shorter chains—that takes place in units termed coker units. (Other types of coke are derived from coal.) Stated succinctly, coke is the "carbonization product of high-boiling hydrocarbon fractions obtained in petroleum processing (heavy residues)". Petcoke is also produced in the production of synthetic crude oil (syncrude) from bitumen extracted from Canada's oil sands and from Venezuela's Orinoco oil sands. In petroleum coker units, residual oils from other distillation processes used in petroleum refining are treated at a high temperature and pressure leaving the petcoke after driving off gases and volatiles, and separating off remaining light and heavy oils. These processes are termed "coking processes", and most typically employ chemical engineering plant operations for the specific process of delayed coking.

This coke can either be fuel grade (high in sulfur and metals) or anode grade (low in sulfur and metals). The raw coke directly out of the coker is often referred to as green coke. In this context, "green" means unprocessed. The further processing of green coke by calcining in a rotary kiln removes residual volatile hydrocarbons from the coke. The calcined petroleum coke can be further processed in an anode baking oven to produce anode coke of the desired shape and physical properties. The anodes are mainly used in the aluminium and steel industry.

Petcoke is over 80% carbon and emits 5% to 10% more carbon dioxide (CO₂) than coal on a per-unit-of-energy basis when it is burned. As petcoke has a higher energy content, petcoke emits between 30% and 80% more CO₂ than coal per unit of weight. The difference between coal and coke in CO₂ production per unit of energy produced depends upon the moisture in the coal, which increases the CO₂ per unit of energy – heat of combustion – and on the volatile hydrocarbons in coal and coke, which decrease the CO₂ per unit of energy.

There are at least three basic types of petroleum coke: needle coke, sponge coke, and shot coke. Different types of petroleum coke have different microstructures due to differences in operating variables and nature of feedstock. Significant differences are also to be observed in the properties of the different types of coke, particularly ash and volatile matter contents.

Needle coke, also called acicular coke, is a highly crystalline petroleum coke used in the production of electrodes for the steel and aluminium industries and is particularly valuable because the electrodes must be replaced regularly. Needle coke is produced exclusively from either fluid catalytic cracking (FCC) decant oil or coal tar pitch.

Petcoke, altered through the process of calcining which it is heated or refined raw coke eliminates much of the component of the resource. Usually petcoke when refined does not release the heavy metals as volatiles or emissions.

Depending on the petroleum feed stock used, the percentage of carbon in petcoke can be as high as 98-99%. This creates a carbon-based compound containing hydrogen in concentrations between 3.0 – 4.0%. Raw (or green) coke contains between 0.1 – 0.5% nitrogen and 0.2 – 6.0% sulfur which become emissions when coke is calcined.

Through thermal processing the composition in weight is reduced with the volatile matter and sulfur being emitted. This process ends in the honeycomb petcoke which according to the name giving is a solid carbon structure with holes in it.