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
Where do the latest U.S. sanctions leave Russian oil?
Washington Post - 7/30/2014 3:00:28 PM
When it comes to bolstering its oil exploration and production ... prospects in the world. On Tuesday, the Obama administration moved to choke off the flow of U.S. technology for Arctic and shale oil exploration in Russia, the country's next hydrocarbon ...
America Has Saved the World From a Global Oil Crisis
The Motley Fool - 7/19/2014 4:10:46 PM
Let's take a look at what has happened in the world oil markets during the past several ... War between Sudan and South Sudan has led to oil production being half what it was since then from the now separate countries. The Arab Spring has sent Libya ...
Ukraine Rapeseed Exports Seen Lower by Oil World as Output Ebbs
Businessweek - 7/30/2014 6:25:04 AM
Russia’s total grain and legume crop area may increase for a fourth straight year to 46.1 million hectares, up from 45.8 million last year, Oil World said. The country’s combined grain production may be close to 100 million tons, compared with 92.4 ...
EU, US sanctions target Russian oil
The Rakyat Post - 7/30/2014 2:50:19 AM
“Production at many of the country’s older oil fields is being maintained ... of sanctions or any other potential government actions.” Exxon, the world’s largest oil company by market value, is “under pressure” to shun Russia’s biggest ...
Exxon Bets on Russia as Rivals Stick to U.S. Wells
Bloomberg - 7/31/2014 7:52:46 PM
As Exxon Mobil Corp. (XOM) and Royal Dutch Shell Plc, the world’s largest oil companies, bet on increasing production from Russia ... airliner this month escalated tensions over the country’s involvement in Ukraine. The Anglo-Dutch company, which ...
OPEC Crude Oil Output Rises In July On Libyan Rebound
Live Trading News - 7/30/2014 9:48:29 PM
Supply from the Organization of the Petroleum Exporting Countries ... the world’s Crude Oil. In July, the largest increase has come from Libya, where supply rose by 210,000 to 430,000 BPD, the survey found. Still, a reversal of the rising production ...
World Bank loans Kenya $50 million to improve oil industry management
PennEnergy - 7/28/2014 2:19:53 PM
A report by the International Monetary Fund suggested Kenya will begin commercial oil production in five years ... for sustainable development," said Diarietou Gaye, the World Bank's country director for Kenya. More information on the power market in ...
UPDATE 2-Higher oil prices lift Exxon's profit as production sags
Reuters - 7/31/2014 9:37:09 AM
(Adds stock information, production details) By Ernest Scheyder July 31 (Reuters) - Exxon Mobil Corp, the world's largest publicly traded ... since Exxon is more involved in that country than any other U.S. oil company. Lukoil, Russia's second-largest ...
The 10 Most Oil-Rich States
Yahoo Finance - 7/28/2014 10:09:21 AM
“Without [horizontal drilling and hydraulic fracturing] much of the ‘unconventional’ production wouldn’t ... If Texas were its own country, it would be the sixth largest oil producer in the world.
Exxon Mobil reports lowest production since 2009
USA Today - 7/31/2014 2:44:58 PM
Exxon Mobil, the world's largest energy company ... known as Berkut in the Okhotsk Sea that it says will be the largest offshore oil and gas production platform in that country when it is slated to become operational late this year. Rosenthal said he ...
South Sudan delays gold production by a year due to conflict
borglobe.com - 7/31/2014 7:16:58 PM
JUBA, July 31 (Reuters) - South Sudan will delay the start of gold mining by a year from its planned date in 2016, a senior government official said on Thursday, due to fighting between rival political groups in the world's newest country. Andu Ezbon Adde ...
Guest blog: Hamilton has it right on oil
Oil Voice - 7/31/2014 9:30:00 AM
US shales may be running their course, even as other countries’ potential remains untested. Oil prices will not rise to fully offset swelling E&P costs, and the oil majors will trim their sails to right their financial ships. Their oil production will ...
FACTBOX-Oil production cost estimates by country
Reuters - 7/28/2009 9:15:50 AM
July 28 (Reuters) - The cost of pumping ... to make new discoveries, production costs were generally estimated at $20 a barrel (operating and capital costs). Those figures do not include the more expensive Orinoco oil from the country's sand deposits.