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
DW Release World Drilling & Production Forecast Update
Marine Link - 9/15/2014 12:28:41 AM
The new quarterly issue (Q3) of Douglas-Westwood’s (DW) World Drilling ... prospects of 58 countries and determine historic, current and potential future production and associated development and E&A well-drilling requirements: oil & gas, onshore ...
Organization of Petroleum Exporting Countries (OPEC)
RIA Novosti - 9/14/2014 6:49:15 AM
OPEC handles 40 percent of the world's oil production and 50 percent of the world's oil export. - attending to the interests of oil-producing countries and ensuring their stable profit and commercially viable and regular supplies to consumers; the fair ...
EIA: Despite decline in some regions, world oil consumption still seen rising
PennEnergy - 9/12/2014 2:44:04 PM
These factors include sustained high oil prices, efficiency standards ... a share of between 40% and 45% of total world liquid fuels production throughout the projection. The Middle East OPEC member countries alone account for 90% of the total growth ...
How much must oil and gas supply grow to meet demand?
Commodity Online - 9/15/2014 8:13:58 AM
We also believe that the demand for energy in developing countries like China and India, and in Third World countries ... The technology gets better and better, increasing oil and gas production and having a smaller impact on the environment.
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 ...
Can Big Oil Save Mexico's Dying Energy Industry?
The Motley Fool - 9/13/2014 4:41:35 AM
For 75 years, Mexico's state-controlled Petróleos Mexicanos held a monopoly on oil drilling in the country ... world's largest ocean-going barge to carry and then set the structure." The platform, the Berkut, "is now the largest offshore oil and gas ...
The worst economies in the world
USA Today - 9/14/2014 5:59:09 AM
Mauritania is both one of the world's poorest nations. While much of the population remains highly dependent on agriculture, segments of Mauritania's economy utilize natural resource extraction for growth. The country started extracting oil off its western ...
Oil prices soften on excess supply, receding Iraq fears
Kuwait Times - 9/14/2014 7:06:33 PM
World oil demand The International Energy Agency ... the IS insurgency begins to take a toll on oil supplies from the country’s northern fields-even if the bulk of Iraq’s crude production in the south remains unaffected by the upheaval.
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 ...
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 ...
EVD: Analysts Fear Nigeria’s Oil Production May Dip
Leadership - 9/13/2014 11:46:55 PM
... oil producer in the world, there is a substantial threat of supply disruption, should the virus spread further in the country. “If the outbreak spreads further, it could potentially disrupt all Nigerian onshore oil production, equivalent to $40m per ...
The Case for Allowing U.S. Crude Oil Exports
Council on Foreign Relations - 9/10/2014 11:57:38 PM
Second, the United States has become one of the world's largest gross exporters of ... beginning to undermine the efficiency of the U.S. oil economy. Much of the country's rapidly growing production of light crude oil, including lease condensates (i.e ...
Brent hits 26-month low under $97 on weak China data
Reuters - 9/15/2014 9:39:52 AM
Analysts have warned of a potential hard landing at the world's No.2 economy after the country's factory ... in 2014-2015 global oil demand growth by the International Energy Agency last week. On the supply front, Libya's oil production is expected to ...
Falling Crude Oil Prices Favor US
Live Trading News - 9/14/2014 5:16:12 AM
For Saudi Arabia, the world’s largest Crude Oil ... part of the big rise in supplies has come from countries that remain at risk of supply disruptions, including Libya and Nigeria. Libya’s Crude Oil production has rebounded to more than 800,000 BPD ...