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
Libyan leader threatens to bomb North Korean oil tanker
CNN - 3/8/2014 9:33:09 PM
Tripoli, Libya (CNN)-- Libya's prime minister threatened Saturday night to bomb a North Korean ... and that it is registered in North Korea. A spokesman for Libya's National Oil Corporation indicated the tanker was Saudi owned, but Saudi ...
Malaysia to allow palm-oil production to rise
Big News Network - 3/9/2014 10:04:46 AM
Neighbouring Indonesia has already increased the amount of biodiesel mixed with fuel from 7.5% to 10%. BY July, Malaysia will enhance the current biofuel ratios. Currently it stands at 5% methyl ester of palm and 95% fossil diesel. The oil is mainly used ...
Palm Oil, Rubber on Different Paths
Wall Street Journal - 3/6/2014 11:58:41 PM
Crude palm oil futures on the Bursa Malaysia have gained 13% ... 1 Incredible Shrinking Management Fee Twitter Facebook Email Comments 2 Los Angeles Laker Humiliation Reaches Profound Levels Twitter Facebook Email Comments 3 Seven Must-Attend ...
Moscow Economic Forum 2014: "For Promotion of Production!"
EIN News Desk World News Report - 3/4/2014 9:06:16 AM
At the same time, occupying the 5th place in the world judging by its gross domestic product ... and prospects of non-oil production developments in the country. In particular, this subject has become the slogan of the Moscow Economic Forum-2014 in which ...
Iraq Oil Exports Reach 25-Year High, Amid Dip In OPEC Crude Production
Economy Watch - 3/4/2014 1:13:49 AM
and setting the country on course to become the fastest growing crude oil exporter in the world. "Production in February was 3.5 million barrels per day, and we exported 2.8 million barrels per day," al-Shahristani said, describing the figures as ...
FACTBOX-Oil production cost estimates by country
Reuters - 7/28/2009 9:15:50 AM
Those figures do not include the more expensive Orinoco oil from the country's sand deposits ... various types of hydrocarbons in different parts of the world: Oilfields Estimated Production /source Costs ($ 2008) Mideast/N.Africa oilfields ...
World Depends on Two Countries for Increase in Oil Production
OilPrice - 11/11/2013 11:59:04 PM
Yet, the IEA believes that over half of this production will come from two countries: Iraq and Brazil. First, let’s take Iraq. Iraq has the fifth largest oil reserves in the world at 141 billion ... in oil and natural gas has spurred headlines and ...
20 countries seeing biggest increase in oil production
Rediff - 11/8/2013 3:09:55 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 ...
Top 5 Oil-Producing Countries In 2011
Investopedia - 3/22/2011 11:58:11 PM
However, some have commented that current price rise may be an overreaction, since Libya produces only about 2% of the world's oil per day. While that is not an insignificant amount, other large oil producing countries could potentially step up production ...
Top 10 oil and gas producing countries in 2012
mining.com - 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 ...
Saudi Prince: Fracking Threatens 'Any Oil-Producing Country in World'
Townhall.com - 1/7/2014 8:13:59 PM
Thanks to fracking, the production of oil and natural gas in the United ... Bin Talal said that new shale oil discoveries “are threats to any oil-producing country in the world,” reports CNS News. “It is a pivot moment for any oil-producing country ...
U.S. to Be Top Oil Producer by 2015 on Shale, IEA Says
Bloomberg - 11/13/2013 12:33:40 AM
The role of the Organization of Petroleum Exporting Countries will recover in the ... account for one-third of the increase in global production and make the nation the world’s sixth-largest oil producer, according to the agency.
Top 10 Countries With The World’s Biggest Oil Reserves
gulfbusiness.com - 4/13/2013 11:59:57 PM
Here are the top countries with the biggest proven oil reserves ... Arabia last year to become the holder of the largest oil reserves in the world. However, annual oil production of the OPEC supplier is considerably less than the Kingdom.
Sunflower Seed, Rapeseed Production Seen at Record by Oil World
Bloomberg - 11/19/2013 2:16:55 PM
Global production of sunflower seeds may be larger than estimated a month ago and rapeseed output will reach a high as prospects improved for crops from Canada to Russia, Oil World said. Palm oil supplies will also climb. Sunflower seed ...
Has the World Already Passed “Peak Oil”?
National Geographic - 11/8/2010 11:59:37 PM
In this scenario, crude oil production "never regains its all-time peak of ... (Related: “The End of Cheap Oil”) IEA was set up by most of the world's industrialized countries after the 1970s world oil crises to analyze the world’s energy situation ...