| AC | Alternating current |
| AI | Artifical intelligence |
| ASEAN | Association of Southeast Asian Nations |
| boe | Barrels of oil equivalent |
| BPCL | Bharat Petroleum Corporation Limited |
| BRICS | Brazil, Russia, India, China, South Africa, IR Iran, Egypt, Ethiopia, Saudi Arabia and the UAE |
| bt | Billion tonnes |
| CBDR-RC | Common but differentiated responsibilities and respective capabilities |
| CCE | Circular carbon economy |
| CCGT | Combined cycle gas turbine |
| CCUS | Carbon capture, utilization and storage |
| CO2 | Carbon dioxide |
| CORSIA | Carbon Offsetting and Reduction Scheme for International Aviation |
| CSP | Concentrating solar power |
| CTLs | Coal-to-liquids |
| DAC | Direct air capture |
| DC | Direct current |
| DoC | Declaration of Cooperation |
| ECOSOC | Economic and Social Council |
| EOR | Enhanced oil recovery |
| EPA | Environmental Protection Agency (US) |
| ESG | Environmetal, social and governance |
| ETBE | Ethyl tertiary-butyl ether |
| ETS | Emissions Trading System |
| EVs | Electric vehicles |
| FCC | Fluid catalytic cracking |
| FCEV | Fuel cell electric vehicle |
| FID | Final investment decision |
| FPSO | Floating Production Storage and Offloading vessel |
| FPV | Floating photovoltaic |
| FYP | Five-year Plan |
| GCC | Gulf Cooperation Council |
| GDP | Gross Domestic Product |
| GHG | Greenhouse gas |
| GoM | Gulf of Mexico |
| GST | Global stocktake |
| GW | Gigawatt |
| HEV | Hybrid electric vehicle |
| HLPF | High-Level Political Forum |
| HPCL | Hindustan Petroleum Corporation Limited |
| IATA | International Air Transport Association |
| ICAO | International Civil Aviation Organization |
| ICE | Internal combustion engine |
| IMO | International Maritime Organization |
| IOC | Indian Oil Corporation Limited |
| IRA | Inflation Reduction Act |
| kg | Kilogramme |
| kgoe | Kilogramme oil equivalent |
| LCOE | Levelized cost of electricity |
| LNG | Liquefied natural gas |
| LPG | Liquefied petroleum gas |
| LTAG | Long-term global aspiration goal |
| LT-LEDS | Long-term low-emission development strategies |
| mb/d | Million barrels per day |
| mboe/d | Million barrels of oil equivalent per day |
| MOMR | Monthly Oil Market Report (OPEC) |
| mt | Million tonnes |
| MTBE | Methyl tertiary butyl ether |
| mtpa | Million tonns per annum |
| NDCs | Nationally Determined Contributions |
| NDRC | National Development and Reform Commission |
| NGLs | Natural gas liquids |
| NGV | Natural gas vehicle |
| NNPC | Nigerian National Petroleum Corporation |
| Non-DoC | Non-Declaration of Cooperation |
| NOx | Nitrogen oxides |
| p.a. | Per annum |
| PHEV | Plug-in hybrid electric vehicle |
| pp | Percentage point |
| PPP | Purchasing power parity |
| PUE | Power usage effectiveness |
| PV | Photovoltaic |
| RCEP | Regional Comprehensive Economic Partnership |
| SAF | Sustainable aviation fuel |
| SDG | Sustainable Development Goal |
| SMR | Small modular reactors |
| SUV | Sport utility vehicle |
| tb/d | Thousand barrels per day |
| TWh | Terawatt hour |
| ULS | Ultra low sulphur |
| UNDESA | United Nations Department of Economic and Social Affairs |
| UNGA | UN Framework Convention on Climate Change |
| VGO | Vacuum gasoil |
| VLCC | Very large crude carrier |
| VLSFO | Very Low Sulphur Fuel Oil |
| WOO | World Oil Outlook (OPEC) |
| WTO | World Trade Organization |
| y-o-y | Year-on-year |
| YPF | Yacimientos Petrolíferos Fiscales |