Definition: This entry is the stock of proved reserves of crude oil in barrels (bbl). Proved reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2012See also: Oil - proved reserves map
Libya Energy Profile: Holds Africa’s Largest Proved Crude Oil Reserves – Analysis
Eurasia Review - 11/26/2014 4:18:15 AM
1 Libya holds the largest amount of proved crude oil reserves in Africa, the fourth-largest amount ... In 1971, Libya became the third country in the world, after Algeria and the United States (Alaska), to begin exporting liquefied natural gas (LNG).
Top 10 Countries by Proved Natural Gas Reserves (and Their Production Rates)
explorationworld.com - 9/14/2014 11:52:53 PM
which accounts for about 17 percent of the world’s total proved reserves, according to the EIA. The country’s natural gas sector has taken a substantial hit in recent years (though not quite as significant as crude oil) as international sanctions ...
The 17 Countries Sitting On The Most Valuable Energy Reserves
The Business Insider - 2/13/2014 11:51:58 AM
Saudi Arabia has nearly one fifth of the world’s proven oil reserves, in addition to being the largest producer and exporter of petroleum. Its largest oil field, the giant Ghawar field, has more proven oil reserves than all but seven countries.
Top 10 Countries With The World’s Biggest Oil Reserves
gulfbusiness.com - 4/13/2013 11:59:57 PM
countries, it stated. However, OPEC nations continue to overshadow the world in terms of reserves, holding more than 80 per cent of the world’s proven oil reserves, according to current estimates. The bulk of OPEC oil reserves – 66 per cent – are in ...
30 countries with highest proven oil reserves
Rediff India Abroad - 3/1/2012 2:57:12 AM
And proven oil reserves are those that claim to have a reasonable ... Oil and gas have made Qatar one of the highest per-capita income countries, and one of the world's fastest growing. Qatar's proved reserves of natural gas are nearly 26 trillion cubic ...
American oil will restore American greatness
Personal Liberty Digest - 11/26/2014 5:44:09 AM
That’s because America is the second-richest resource nation in the world. All it takes is ... It calculated the total value of the proven reserves of 10 of the most valuable resources by country, which included oil, natural gas, coal, timber, gold ...
Nigeria Devalues Currency To Shore Up Falling FX Reserves
AFKinside - 11/26/2014 5:44:09 AM
Nigeria devalued its currency on Tuesday, seeking to stabilise the naira after it hit historic lows against the US dollar, as falling world oil prices hurt the country’s foreign reserves. The naira’s street value had already fallen before the surprise ...
Do Countries With The Most Oil Reserves Actually Produce The Most Oil?
Investopedia - 9/25/2014 4:27:21 AM
This natural resource is the “golden egg” and those countries that have it should be the world's wealthiest ... into selling the oil. The countries that have the highest oil reserves (which means they have found proven sources of oil in the ...
Canada Oil and Gas Provinces Rank Among Best in the World
Yahoo Finance - 11/25/2014 7:28:32 PM
Alberta ranked second in the world behind Texas among jurisdictions with large oil and gas reserves. And of the 69 global jurisdictions with small proven oil and gas reserves, Saskatchewan and Manitoba ranked number two and three, respectively. Oil & Gas ...
Top 10 oil and gas producing countries in 2012
Mining - 6/14/2013 10:46:25 PM
World ... by oil reserves. Iraq (132 years) and Iran (126 years) hold the second and third places, respectively. The US, China and Mexico are the most “unthrifty” countries with only about 11 years before they exhaust their current proved oil reserves ...
Venezuela Passes Saudis to Hold World’s Biggest Oil Reserves
Bloomberg - 6/14/2012 3:18:49 PM
Venezuela surpassed Saudi Arabia to become the world’s largest holder of proven oil reserves, a resource that President Hugo Chavez promises to tap if he gets re-elected in October. The South American country’s deposits were at 296.5 billion barrels at ...
“Sinopec Daylight Energy Ltd. Oil & Gas Exploration and Production Operations and Cost Analysis – 2013″ Published
infoline.com.pk - 11/26/2014 10:01:51 AM
2014-11-26 11:16:15 – Fast Market Research recommends “Sinopec Daylight Energy Ltd. Oil & Gas Exploration and ... detailed crude oil and natural gas reserves and production information of the company by country as disclosed in their annual report ...
New Market Report: Rosetta Resources Inc. Oil & Gas Exploration and Production Operations and Cost Analysis – Q2, 2014
eTV Futures - 11/26/2014 11:27:45 AM
Rosetta Resources Inc. Oil & Gas Exploration and Production Operations ... The report provides detailed crude oil and natural gas reserves and production information of the company by country as disclosed in their annual report and regulatory filings.
Four CARICOM countries cut back reliance on PetroCaribe
Curacao Chronicle - 11/26/2014 1:55:05 AM
MIAMI - At least four Caribbean Community (CARICOM) member countries ... oil shipments. The Bank of Nova Scotia said the program is more “noose” than lifeline for the region, the most indebted in the world. Venezuela has the world’s largest oil ...
Nigeria devalues currency amid plummeting oil prices
worldbulletin.net - 11/26/2014 7:02:54 AM
The decision to devalue the naira, according to analysts and central bank figures, appears aimed at saving the country's dwindling foreign reserves Nigeria has officially ... to fall amid declining national oil revenues. The bank's monetary policy ...