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
Russian oil, gas production records 10.71m bpd in April
customstoday.com.pk - 5/5/2015 6:52:06 AM
MOSCOW: Russian oil and gas condensate production, among the world’s largest, remained at a post-Soviet ... to meet officials from the Organisation of the Petroleum Exporting Countries. So far Russia, which is not an Opec member, has failed to persuade ...
FACTBOX-Oil production cost estimates by country
Reuters - 7/28/2009 5:19:37 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.
ConocoPhillips First-Quarter Report: Lower 48 Drives Production Growth But Slowdown Imminent
Trefis - 5/4/2015 6:20:29 PM
 ConocoPhillips is the world’s largest independent exploration ... primarily driven by surging tight oil production in the U.S., and the Organization of Petroleum Exporting Countries (OPEC) decided to maintain their production, with clear intentions ...
Beneath Antarctica, a wonderland of oil awaits exploitation
HotAir - 5/5/2015 6:44:56 AM
A report in The New York Times published on Monday revealed that the Chinese are aggressively engaged in securing the country ... that suggest the world is fast approaching the inevitable peaking of conventional world oil production.”
Olive Oil Flows Through Expo2015 and Beyond
Olive Oil Times - 5/4/2015 3:35:50 PM
The exhibition will host each country’s pavilions as well as areas ... table olives and olive oil production is expected to triple by 2020. Uruguay, one of the world’s top ten producers of extra virgin olive oil will welcome visitors in a “multi ...
U.S. Isn’t the Swing Oil Producer
Wall Street Journal - 5/5/2015 4:00:18 AM
Increased production has been a significant plus for the U.S. economy, and it is a major factor in the glut of crude oil world-wide, which has cut prices ... the Organization of the Petroleum Exporting Countries no longer is in control of oil prices ...
Crude Oil Prices Trade Up As Probability Of Chinese Economic Stimulus Increases
bidnessetc.com - 5/4/2015 2:17:06 PM
The country consumed around one-third of the world’s crude oil during 2013 ... crude oil futures have gained value as investors believe crude oil production in the US has reached its peak, and will no longer add to the crude oil oversupply.
Is Solar Energy Ready to Compete With Oil and Other Fossil Fuels?
The Motley Fool - 5/4/2015 8:07:51 PM
What we get from this study is that even the gulf region, which is traditionally more inclined toward oil and gas production ... Japan is among the world's four largest markets for solar panels. After the Fukushima disaster, the country's 43 nuclear ...
OPEC Says Speculation Played Large Role in Drop in Oil Prices
Bloomberg - 5/4/2015 1:55:37 PM
A rise in supply from outside the Organization of Petroleum Exporting Countries at a time when demand for oil was weak was the main reason for the drop, OPEC said in its monthly bulletin on Monday. Brent oil, benchmark for more than half of the world’s ...
Oil slips after hitting 2015 high above $67
Win 98.5 - 5/4/2015 7:07:36 AM
"There has yet to be any noticeable drop in U.S. oil production." A public holiday in Britain on Monday ... hardening the case for policy stimulus to boost the world's second biggest economy. "The Chinese data is weaker but it seems the oil market has ...
Iran Oil Production Hits Record High While Chinese Manufacturing Contracts
FX Empire - 5/4/2015 10:42:21 AM
Word out of Iran that production is exceeding records should push prices lower. Despite the continuation of economic sanctions against Iran, the country is claiming that it hit a new oil export record ... in the rest of the world.
Japan will be last G-7 country to make solar power economically viable
Japan Times - 5/5/2015 6:44:56 AM
One by one, Japan is turning off the lights at the giant oil-fired power plants that propelled it to the ranks of the world’s top industrialized ... monopolies that have dominated electricity production since the 1950s. Japan is retiring nearly 2.4 ...
Top 10 oil and gas producing countries in 2012
Mining - 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 ...
California's New Climate Goal Undermined by Fracking Pollution
Truth Out - 5/4/2015 5:30:22 PM
But the governor's executive order on climate change isundermined by his support for fracking and dangerous oil production ... dangerousoil and gas production." The governor's plan to cut carbon emissions in California — the world's seventh largest ...
World Depends on Two Countries for Increase in Oil Production
Oil Price - 11/12/2013 11:22:05 PM
Oil prices will only rise moderately over the next 20 years according to estimates from the International Energy Agency. The IEA released the 2013 edition of its much-anticipated World Energy Outlook, which projects oil prices to rise steadily but slowly ...