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
Increased U.S. oil production keeping gas prices lower, fuel company prez says
eaglefordtexas.com - 4/25/2015 5:12:25 PM
For example, Blackwell said if a nuclear treaty is completed with Iran, that country in 2016 could start oil production and add “3 million barrels per day” to an already oversupplied world oil market. “This big increase has only happened in the last ...
Shale as world's swing producer signals 'jagged' oil future
New Zealand Herald - 4/26/2015 3:49:30 AM
With OPEC ceding control for the first time since the 1980s, U.S. shale oil has been anointed the world's new ... Saudi Arabia boosted production by 658,800 barrels a day to 10.294 million in March, according to data the country submitted to the ...
Oil market trades mixed before weekend
MENAFN - 4/25/2015 7:54:04 AM
The new wave of strikes killed at least 23 rebels as the World Health Organisation said the overall death toll from fighting since late March topped 1,000. Yemen is not a major oil-producing country ... signs that US crude production is easing.
Countries and Oil Companies Agree to End Routine Gas Flaring
The World Bank - 4/17/2015 1:32:50 PM
... today with senior government officials from several oil-producing countries to commit, for the first time, to ending the practice of routine gas flaring at oil production sites by 2030 at the latest. Every year, around 140 billion cubic meters of ...
Low oil prices limit Iraq's output growth
The Christian Science Monitor - 4/23/2015 11:55:39 PM
But two energy giants – Britain’s BP and Russia’s state-owned Lukoil – say the persistent low price of oil has limited the country ... production at a number of fields, not only West Qurna-2." (Related: A Closer Look At The World’s 5 Biggest ...
FACTBOX-Oil production cost estimates by country
Reuters - 7/28/2009 5:19:37 AM
July 28 (Reuters) - The cost of pumping ... other individual countries, obtained from traders and industry analysts. It also gives the International Energy Agency's more general assessment of costs for the oil-producing regions of the world.
Tribunal tells Ghana to suspend new oil drilling in disputed waters
Yahoo News - 4/25/2015 10:05:54 PM
The maritime border between the two countries cuts through offshore ... Ivory Coast, which is the world's largest producer of cocoa, is looking to boost its existing offshore oil production as well as to encourage a revival of its mining and agriculture ...
Top 10 oil and gas producing countries in 2012
Mining - 6/14/2013 10:46:25 PM
World oil production ... 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 in 2012 (+14%), whereas ...
Saudi Arabia’s solution to global oil glut: pump ever more crude
Gulf News - 4/23/2015 11:55:39 PM
The world’s biggest oil exporter ... who has stressed that his country won’t cede market share to higher-cost producers, said in the capital Riyadh on April 7 that production was at 10.3 million barrels and would remain close to that.
April oil price gains confound predictions – but volatility ahead
The National - 4/25/2015 3:10:43 PM
The world benchmark North Sea Brent crude oil futures ... for example, production in both Libya and Iraq was significantly higher last month, according to the International Energy Agency, even though fighting in both countries intensified.
Like shale oil, solar power is shaking up global energy | Reuters
Firstpost - 4/26/2015 4:46:46 AM
SINGAPORE/TOKYO (Reuters) - 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 industrialised ... that have dominated electricity production since the 1950s.
The countries slammed worst by plunging oil prices
CNBC - 12/5/2014 5:57:56 PM
The drop has taken a multibillion-dollar bite out of the world economies that depend heavily on oil production ... in countries which are net oil importers," he added. "Consumers will spend at least half the money they gain from the fall in oil prices."
20 countries seeing biggest increase in oil production
Rediff India Abroad - 11/8/2013 1:22:33 AM
Oil-rich countries are increasing production to keep up with increasing demand around the world, especially in the emerging economies. Let's take a look at some nations that are witnessing biggest gain in production. Image: A taxi driver fills his cab at a ...
IEA reviews energy policies of countries in Eastern Europe, the Caucasus and Central Asia
REVE - 4/25/2015 7:21:16 PM
the Caucasus and Central Asia that play a significant role in world energy security. Four of the countries – Kazakhstan, Turkmenistan, Azerbaijan and Uzbekistan – possess substantial oil and gas resources in the Caspian Sea, which offer game-changing ...
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 ...