Ramirez said that the total reserves included, 220 billion barrels of oil in the Orinoco Belt, "which serves as a resource base and a solid foundation for all our expansion plans.
What does BBO stand for?
BBO stands for Billion Barrels of Oil
This definition appears frequently and is found in the following Acronym Finder categories:
- Science, medicine, engineering, etc.
See other definitions of BBO
We have 39 other meanings of BBO in our Acronym Attic
- Behaviour Based Observation (safety)
- Ben Browder Online (website)
- Best Bid Offer
- Beta-Barium Borate
- Beyond Body Odor (originated on Seinfeld TV show)
- Big Bang Observer (NASA)
- Big Blind Online (poker table manufacturer; Pittsburg, CA)
- Big Block Oldsmobile (automobile engine)
- Big Brother Online (fan website)
- Bigger, Better Offer
- Board of Bar Overseers
- Booked by Owner (property management software)
- Booster Burnout
- Bounty Bay Online (game)
- Bridge Base Online
- British Ballet Organization (UK)
- Broncho-Bronchiolitis Obliterans
- Brooke Bond Oxo
- Bureau Beleidsbeïnvloeding Ontwikkelingssamenwerking
- Bureau de Bernard Ollagnier (French: Office of Bernard Ollagnier)
Samples in periodicals archive:
Thirty billion barrels of oil have been found by Iran in place at an oilfield that borders Iraq, according to reports.
China's state oil giant CNOOC last year made an offer to buy six billion barrels of oil from Nigeria, but the bid was turned down.
Our portfolio of over 100 projects is expected to yield the energy equivalent of more than 24 billion barrels of oil in the years ahead.
Malcolm Webb, chief executive of the trade association Oil & Gas UK, warns that unless these trends are reversed, some nine billion barrels of oil and gas - about nine years' worth of production at today's levels - could be left at the bottom of the sea forever.
The world consumes about 87 million barrels of oil per day, or nearly 30 billion barrels of oil per year.
In the last five years, we consumed 27 billion barrels of oil a year, but the oil industry discovered only three billion barrels a year.
By liberating a fraction of the 300 billion barrels of oil that adheres to sands in Alberta, Syncrude last year produced 223,000 barrels a day.