What is the meaning of tonnes of oil equivalent?
The ton of oil equivalent (toe) represents the quantity of energy contained in a ton of crude oil, that is gigajoules 41.868. This unit is used to express and compare energies of different sources.
How do you calculate oil equivalent per ton?
The International Energy Agency defines one tonne of oil equivalent (toe) to be equal to:
- 1 toe = 11.63 megawatt-hours (MWh)
- 1 toe = 41.868 gigajoules (GJ)
- 1 toe = 10 gigacalories (Gcal) – using the international steam table calorie (calIT) and not the thermochemical calorie (calth)
What does crude oil equivalent mean?
Barrel of oil equivalent (BOE) is the amount of energy contained in a barrel of crude oil, i.e., approximately 6.1 GJ (5.8 million Btu), equivalent to 1700kWh.
What does Mtoe mean in energy?
Million Tonnes of Oil Equivalent
Million Tonnes of Oil Equivalent.
How many barrels of oil are in a tonne?
| Barrels | Metric Tonnes* | |
|---|---|---|
| 1 Barrel = | 1 | 0.138 |
| 1 Litre = | 0.00629 | 0.000858 |
| 1 US Gallon = | 0.0238 | 0.00325 |
| 1 Metric Tonne = | 7.25 | 1 |
What does barrels of oil equivalent per day mean?
A barrel of oil equivalent (BOE) is a term used to summarize the amount of energy that is equivalent to the amount of energy found in a barrel of crude oil. By encompassing different types of energy resources into one figure, analysts, investors, and management can assess the total amount of energy the firm can access.
What is a barrel of oil?
In the oil industry, an oil barrel is defined as 42 US gallons, which is about 159 litres, or 35 imperial gallons.
What is specific energy consumption?
SEC is defined as the ratio of kWh of energy consumed to the unit weight of product produced by this energy consumption. It is represented by kilowatt hour per kilogram (kWh/kg) or kilowatt hour per pound (kWh/lb).
What is bbl in oil and gas?
BBL. Billion barrels of petroleum liquids; includes crude oil, condensate, and. natural gas liquids.
What is considered a barrel of oil?
What is the energy unit for one metric ton of oil?
Tonne of Oil Equivalent (TOE) is a unit representing energy generated by burning one ton (1000 kilograms or 2204.68 pounds) or 7.4 barrels of crude oil. = 41.87 gigajoules (GJ) = 39.68 million Btu (MMBtu) =11.63 megawatt hours (MWh).
What is the meaning of tonne of oil equivalent?
Tonne of oil equivalent. Tonne of oil equivalent (toe) is a unit of energy, defined as the amount of energy released by burning one tonne (1000 Kilograms) of crude oil. The toe is used to describe large amounts of oil or natural gas in transport or consumption, and will often use a prefix of mega (1 000 000) in order to communicate this as Mtoe.
What is millions of tonnes of oil equivalent (Mtoe)?
Millions of tonnes of oil equivalent (Mtoe) is a unit of energy used to describe the energy content of all fuels, typically on a very large scale. It is equal to 4.1868×10 16 Joules, or 41.868 petajoules which is a tremendous amount of energy.
What is the equivalent of one ton of crude oil in kJ?
By convention it is equivalent to the approximate amount of energy that can be extracted from one tonne of crude oil. It is a standardized unit, assigned a net calorific value of 41 868 kilojoules/kg and may be used to compare the energy from different sources.
What are the units of oil equivalent?
Derived units. For multiples of the tonne of oil equivalent, it is more usual to speak of millions of tonnes of oil equivalent and kilotonnes of oil equivalent (ktoe).