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Petronas and Exxon initially put fish back to get source of oil (6)

Ross

I believe the answer is:

peanut

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'oil' is the definition.
Although both the answer and definition are singular nouns, I cannot understand how they can define each other.

I don't understand how the rest of the clue works.

Can you help me to learn more?

(Other definitions for peanut that I've seen before include "Singularly little money" , "Ante up for the popular kernel" , "Ante up for this type of hard fruit" , "Bar nibble" , "Something to eat" .)

I've seen this clue in The Guardian.
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