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
U.S. Oil Production Keeping World Oil Prices in Check
Canada Free Press - 9/15/2014 11:58:52 PM
It is also assumed in the forecast that no geopolitical events will cause prolonged supply shocks in the OPEC countries that could limit production growth. The expectation from these assumptions is that world oil prices will trend downward, from $113 per ...
Norway oil production rises
United Press International - 9/16/2014 10:50:16 AM
16 (UPI) --Oil production from Norwegian territory in August was 10 percent ... Norway has more oil reserves than any other European country. Last year, it exported 1.19 million bpd worth of oil, with most of that headed to the British and Dutch economies.
The Energy Collective - 9/15/2014 2:40:31 PM
Gary Hunt Gary is an Executive-in-Residence at Deloitte Investments with extensive experience in the energy & utility industries. More » Jesse Jenkins is a graduate student and researcher at MIT with expertise in energy technology, policy, and innovation ...
Global fuel use to rise 38% by 2040
Vanguard - 9/15/2014 11:08:45 PM
It also said that no geopolitical events will cause prolonged supply shocks in the OPEC countries that could further limit production growth. Accordingly, world oil prices will trend downward, from $113 per barrel in 2011 to about $92 in 2017, and then ...
World Sets New Oil Production and Consumption Records
Energy Trends Insider - 7/9/2014 11:53:36 PM
For perspective, the second-largest increase in oil production was recorded by the United Arab Emirates with a gain of 248,000 bpd over 2012, and Canada was the only other country in the world to record an increase of more than 200,000 bpd, at 208,000 bpd ...
Heavy Oil Market 2014-2024: Expenditure & Production Forecasts and Prospects for Leading Companies
TheSacramento Bee - 9/15/2014 9:35:42 PM
Heavy oil can be produced with either non-thermal (cold) production processes ... forecast 2014-2024 - Rest of the World forecast 2014-2024 • Find out about the market dynamics & opportunities in 15 leading countries - Understand industry activity ...
Brazil 'falling off world oil map' over failed policies: Industry group
Asiaone Business - 9/16/2014 2:14:52 AM
RIO DE JANEIRO - Investors are losing interest in Brazil's oil industry as the country's energy policies raise costs ... "I went to the three largest oil conventions in the world this year and you hardly heard Brazil's name mentioned," Milton Costa ...
The world saves $5 billion a day from U.S. shale
bakken.com - 9/16/2014 3:26:27 AM
World oil prices would be hovering around $150 a barrel ... disruptions started in 2011 when the Arab Spring protests interrupted oil production in several Middle Eastern countries. Ensuing instances of violence and political upheaval have periodically ...
With U.S. Oil Supply Climbing, Some Call For End To Export Ban
NPR News - 9/16/2014 3:40:46 AM
An oil drilling boom that has made the U.S. the world's leading oil and petroleum ... big oil-producing countries like Saudi Arabia would simply cut back on production if the U.S. allows exports. President Obama could end the export ban with an executive ...
OSEA2014: APAC to Account for 70% of Global Oil Demand by 2020
Busbyway - 9/16/2014 12:16:10 PM
Others meantime are also facing oil production decline – Australia ... which is in the top three in the world. The country's transparent business and mature legal and financial systems have made it very attractive to gas stakeholders.
Crude Palm Oil (CPO) Update Indonesia: Production Up, Price Down
indonesia-investments.com - 9/16/2014 2:00:33 AM
Demand from India and African countries was particularly high ... Soybean oil and palm oil dominate the global market and account for about 60 percent of the world’s total production of edible oils. Both commodities can substitute one another, causing ...
FACTBOX-Oil production cost estimates by country
Reuters - 7/28/2009 5:19:37 AM
Those figures do not include the more expensive Orinoco oil from the country's sand deposits ... from various types of hydrocarbons in different parts of the world: Oilfields Estimated Production /source Costs ($ 2008) Mideast/N.Africa oilfields 6 ...
20 countries seeing biggest increase in oil production
Rediff India Abroad - 11/8/2013 3:09:55 AM
3.11 million barrels per day Overall rank in oil production rise in 2012: 7 Canada, one of the most advanced countries in the world, has more than 4 per cent share of oil production. Change in share of world oil production (1973-2012): 0.59 per cent Share ...