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The tonne of oil equivalent (toe) is a unit of energy defined as the amount of energy released by burning one tonne of crude oil. It is approximately 42 gigajoules, although as different crude oils have different calorific values, the exact value is defined by convention; several slightly different definitions exist. The toe is sometimes used for large amounts of energy.Multiples of the toe are used, in particular the megatoe (Mtoe, one million toe) and the gigatoe (Gtoe, one billion toe).

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  • The tonne of oil equivalent (toe) is a unit of energy defined as the amount of energy released by burning one tonne of crude oil. It is approximately 42 gigajoules, although as different crude oils have different calorific values, the exact value is defined by convention; several slightly different definitions exist. The toe is sometimes used for large amounts of energy.Multiples of the toe are used, in particular the megatoe (Mtoe, one million toe) and the gigatoe (Gtoe, one billion toe).
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