Phrases with «oil equivalent»

The phrase "oil equivalent" refers to a way of measuring and comparing different sources of energy to the amount of energy that can be obtained from oil. It helps understand how much energy an alternative source, such as natural gas or solar power, can produce compared to a certain volume of oil. Full definition

Sentences with «oil equivalent»

The group has previously said it aimed to reach a level of 400,000 barrels of oil equivalent per day without a specific time frame. (cnbc.com)
Production fell 23 percent to 1.2 million barrels of oil equivalent per day. (reuters.com)
Energy use in the EU fell to 1,666 million tonnes of oil equivalent in 2013, according to the latest data from Eurostat, the European Commission's statistical body. (carbonbrief.org)
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Phrases with «oil equivalent»

Sentences with «oil equivalent»

See also