Definition: This entry is the total oil produced in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2012See also: Oil - production map
4 years of Ghana’s Oil Production under the modern concession system
Spy Ghana - 3/4/2015 12:01:51 PM
The second part represents what Ghana’s position would have been by adopting pure Production Sharing Agreements which countries with lesser stature than Ghana are adopting. Currently, there are over 80 oil and gas producing countries in the world ...
US Oil Production Increasing Despite Falling Rig Count -- Report
International Business Times - 3/5/2015 1:52:13 AM
The increased production comes with a backdrop of reduction in capital investments by some of the companies in the country ... oil prices are very low, the company has pointed out that it has “deep and diverse portfolio of opportunities around the world ...
Saudi Oil Minister Denies Price War With U.S. Shale
Wall Street Journal - 3/4/2015 3:36:36 PM
In the past, Saudi Arabia, the world’s biggest oil exporter, and OPEC had cut back production ... But Mr. Naimi called shale a “welcome development” that had offset production losses in other countries. “In November, I believe OPEC made a historic ...
Saudi Arabia: Don't blame us for oil's big plunge
CNN Money - 3/4/2015 7:39:59 PM
Saudi Arabia's refusal to cut production, especially when oil hit around ... OPEC, which was founded in 1960, is led by some of the most influential oil producing countries in the world, including Saudi Arabia, Qatar, Iran and the United Arab Emirates.
Saudi Oil Minister: OPEC Is Neither Dead Nor Waging War On Shale Oil
Forbes - 3/4/2015 8:15:46 PM
Saudi Oil Minister ... Germany and the Arab world, I have personal experience of your nation’s kindness and hospitality. Ladies and gentlemen. I have been asked to talk to you about Saudi Arabia’s role as an energy- exporting country in the 21st ...
Shale Gas and Tight Oil Are Commercially Produced in Just Four Countries
Al-Jazeerah - 2/21/2015 3:39:30 AM
Republished to clarify China and Argentina's production of shale gas and tight oil, respectively. The United States, Canada, China, and Argentina are currently the only four countries in the world that are producing commercial volumes of either natural gas ...
Purported Islamic State militants attack Libyan oil field
Chron - 3/4/2015 9:45:51 AM
French oil giant Total SA says it worked at that field until 2013. Oil production dropped dramatically in Libya after the country's 2011 civil war that toppled dictator Moammar Gadhafi. Al-Zewi said Libya's daily production is now nearing 500,000 barrels a ...
FACT CHECK: Lindsey Graham is wrong on oil prices
Des Moines Register - 3/4/2015 6:57:02 PM
Data clearly show that world oil supplies have exceeded worldwide demand ... The Organization of Petroleum Exporting Countries, or OPEC, had an opportunity to cut back production in November to address that supply glut, but elected not to.
Oil Production Vital Statistics - March 2015
Seeking Alpha - 3/4/2015 6:46:53 AM
This is the third in a monthly series of posts chronicling the action in the global oil market in ... Figure 6 OPEC production plus spare capacity (calculated) is in grey. The chart conveys what OPEC could produce if all countries pumped flat out.
Oil glut to push price lower?
Castanet - 3/4/2015 5:38:17 PM
For the past eight weeks, the United States has been producing and importing an average of 1.1 million more barrels of oil every day than it is consuming. That extra crude is flowing into storage tanks, especially at the country's main trading hub in ...
Soybean price outlook challenging in a complex world market
ohio's Country Journal - 3/5/2015 8:40:14 AM
Soybean prices exploded to all time highs in the last five years, but have taken a significant decline due to a wide array of changing market factors in the world market ... “But, in the key production places we are using more soybean oil as biofuel.
Market Stability Key to Oil Policy – Al-Naimi
SUSRIS - 3/4/2015 10:24:37 PM
As oil prices tumbled on the world markets for most of 2014 producers turned ... But during imbalance of supply and demand, countries with low-cost production will definitely have a privilege than those with high-costive machine. In this regard, Saudi ...
FACTBOX-Oil production cost estimates by country
Reuters - 7/28/2009 5:19:37 AM
July 28 (Reuters) - The cost of pumping a barrel of oil ... countries, obtained from traders and industry analysts. It also gives the International Energy Agency's more general assessment of costs for the oil-producing regions of the world.
Oil Can’t Match Solar On Cost, Even At $10/Barrel
CleanTechnica - 3/5/2015 3:18:07 AM
Remember, this is coming from a leading bank in the oil-rich Gulf, the most emissions-intensive countries in the world, and where energy demand is rising so quickly it risks overwhelming domestic production, turning states such as Kuwait and UAE into ...
Research and Markets: Major Energy Companies of the Arab World 2015
Yahoo Finance - 3/4/2015 2:39:20 PM
Energy Companies of the Arab World covers hundreds of companies in the Middle East and North Africa involved in electrical and power generation; fuel distribution; natural gas supply; oil and gas exploration and production; and oil and gas services.