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
World Depends on Two Countries for Increase in Oil Production
OilPrice - 11/11/2013 11:59:04 PM
Benefit From the Latest Energy Trends and Investment Opportunities before the mainstream media and investing public are aware they even exist. The Free Oilprice.com Energy Intelligence Report gives you this and much more. Click here to find out more.
Mexican Senate OKs bill to open oil industry to foreign investors
Los Angeles Times - 12/12/2013 1:32:20 AM
Although the Mexican people's ownership of subsoil oil and gas will remain enshrined in the constitution, the left argues — and will no doubt continue to argue, loudly — that Peña Nieto has given away the store to foreign interests.
FACTBOX-Oil production cost estimates by country
Reuters - 7/28/2009 9:15:50 AM
The following provides estimates of the cost of running a field for OPEC members and other individual countries, obtained from traders and industry analysts. It also gives the International Energy ... the world: Oilfields Estimated Production ...
20 countries seeing biggest increase in oil production
Rediff - 11/8/2013 3:09:55 AM
Oil-rich countries are increasing production to keep up with increasing demand around the world, especially in the emerging economies. Let's take a look at some nations that are witnessing biggest gain in production. Image: A taxi driver fills his cab at a ...
Mexico's Senate passes sweeping oil industry reforms
Los Angeles Times - 12/11/2013 12:32:05 PM
The vote to approve the bill came at 11:55 ... But Dolores Padierna, a senator with the leftist Party of the Democratic Revolution, noted on the Senate floor that with a production-sharing contract, “at the mouth of the well, the private ...
Domestic oil production rises to highest level in 25 years
Oregonian - 12/11/2013 10:44:42 AM
The boom will make the country the world’s largest producer by 2015, five years sooner than last year’s forecast, the International Energy Agency in Paris said last ... to $97.67 a barrel on the New York Mercantile Exchange at 1:20 p.m. The fuel ...
EIA: OPEC's November Production at Low of More Than Two Years
The Wall Street Journal - 12/10/2013 1:16:13 PM
The only OPEC country to increase production last month was Iraq, which saw output rise by 25,000 barrels a day to 3.2 million, according to the EIA. Iran's crude oil exports aren't expected to rise in the near term, despite recent moves to ease ...
Mexico Senate Approves Energy Bill Aimed at Production Boom
Bloomberg - 12/11/2013 7:02:48 AM
Mexico’s Senate approved an energy bill that supporters say will make the country the world’s fifth-largest oil producer in about a decade, spurring growth in Latin America’s second-biggest economy. Mexican senators passed the bill in ...
Cenovus oil production anticipated to grow 10% in 2014
Yahoo! Finance - 12/12/2013 10:57:50 AM
Capital investment reduced; focus remains on oil sands CALGARY , Dec. 12, 2013 /CNW/ - Cenovus Energy Inc. (CVE.TO) (CVE) expects to invest between $2.8 billion and $3.1 billion in 2014, a 13% decrease when compared with the previous year.
Top 10 oil and gas producing countries in 2012
mining.com - 6/14/2013 10:46:25 PM
World oil production rose about 2.5% last year ... with 395 million tonnes of oil produced last year. Eight out of 10 countries increased their oil output and only two — Iran and Mexico — fell. The US is the leader in terms of oil production growth ...
Mexican Senate Approves Energy Overhaul Aimed at Production Boom
Businessweek - 12/11/2013 12:03:27 PM
The legislation also includes the creation of a sovereign fund to manage oil profits, which was part of the PAN’s original proposal ... moving back in the right direction,” he said. To contact the reporters on this story: Adam Williams ...
Mexico Lower House Passes Oil Overhaul to Break State Monopoly
Bloomberg - 12/12/2013 6:25:49 AM
Mexico’s ... of the past two years and the least since the 2009 recession. The bill also approves the removal of all five representatives of the Pemex workers’ union from the company’s board of directors. Under the new legislation, Pemex ...
Has the World Already Passed “Peak Oil”?
National Geographic - 11/8/2010 11:59:37 PM
In this scenario, crude oil production "never regains its all-time peak of ... (Related: “The End of Cheap Oil”) IEA was set up by most of the world's industrialized countries after the 1970s world oil crises to analyze the world’s energy situation ...
World Olive Oil Consumption Slips, Production Rebounds
oliveoiltimes.com - 10/8/2013 1:40:49 PM
The IOC said that among its other member countries, production is forecast to be higher ... but the IOC’s provisional data puts last season’s world olive oil production at about 2.5 million tons – down by just over a quarter on 2011/12’s record ...
Oil Reforms by Mexico May Upend Markets
New York Times - 8/15/2013 12:18:43 AM
Mexico ranks ninth among the world’s leading oil producers and ... Mr. Goldwyn said an increase in Mexican oil production could drain foreign oil company investment from countries like Angola, Venezuela and Nigeria as well as the new Arctic ...