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
Texas Oil Production Skyrocketing!
1200 News Radio WOAI - 9/29/2014 2:59:42 PM
making Texas by itself one of the five biggest oil producers in the world, about on a par with production from Kuwait, and ahead of two thirds of OPEC countries in production. That figure is up by about 700,000 barrels per day from production levels in ...
Why Peak-Oil Predictions Haven't Come True
Wall Street Journal - 9/29/2014 4:25:36 PM
In 2009, U.S. oil production began to rise—at first slowly ... Innovations allowed the industry to locate its frack jobs better and increase density. Now other countries are starting to apply the same techniques and may see the same kinds of gains.
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 ...
OPEC May Lower Oil Production to 29.5Mln Barrels Per Day in 2015
RIA Novosti - 9/16/2014 11:18:54 AM
VIENNA, September 16 (RIA Novosti) - The Organization of the Petroleum Exporting Countries (OPEC ... around two-thirds of the planet's discovered oil deposits. OPEC handles 40 percent of the world's oil production and 50 percent of the world's oil export.
Energy Journal: Theories Abound About Oil Markets
The Wall Street Journal - 9/29/2014 10:56:19 AM
Moreover, the risk for Saudi in cutting production is that other countries, including fellow OPEC members ... As a reminder, the idea is that the world’s oil production will eventually reach a limit and then decline, leaving us with ever higher ...
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 ...
Repeal The Oil Export Ban
Heartland - 9/29/2014 1:19:29 PM
Thanks mainly to the shale revolution, oil production in the U.S. hit a 28-year high ... America is an energy-rich country, the richest in the world. We need to stop acting as though we’re energy poor. • Weinstein is associate director of the Maguire ...
Mars is On Track to Meet Its Sustainable Palm Oil Sourcing Commitments
Triple Pundit - 9/30/2014 5:54:29 AM
Indonesia is the world’s largest palm oil producer. Palm oil production in the world’s three largest palm oil producing countries (Indonesia, Malaysia and Papua New Guinea) has caused deforestation. From 1990 to 2010, over a third of large-scale palm ...
World Depends on Two Countries for Increase in Oil Production
Oil Price - 11/11/2013 11:59:04 PM
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Algerian oil and gas field auction looks for foreign investors
Reuters - 9/30/2014 9:50:43 AM
ALGIERS, Sept 30 (Reuters) - Algeria will hold its first auction of oil and gas fields since 2011 on Tuesday as the OPEC member looks to offset flagging production and safeguard ... of the fields in the south of the country. Africa's largest gas producer ...
In India encouraging results in the production of olive oil
Teatro Naturale International - 9/29/2014 2:38:14 PM
India plans to develop the cultivation of olives in the country, particularly in the agricultural region of Rajasthan. At the moment the production is about 100 tons of olive oil but it could grow much in the next few years if it will expand the ...
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 ...
US Bombed Wrong Refineries in Syria; Iran Seeks to Stop Oil Price Slide; Sanctions Won’t Impede Arctic Drilling
Howe Street - 9/30/2014 1:58:16 AM
... earlier this month that the kingdom was the “only country with usable spare oil production capacity”. However, even Saudi officials do not deny that the rise of the US to become the world’s largest petroleum producer – with an even greater ...
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 ...