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
OPEC, Foreseeing No Glut, Keeps Oil Production Level Steady
New York Times - 12/4/2013 3:39:20 PM
LONDON — Members of the Organization of the Petroleum Exporting Countries agreed on Wednesday to leave their combined daily quota for petroleum production at 30 million barrels, a decision that was expected to keep prices at their current ...
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 barrels and there are high hopes that it can ramp up ...
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 ...
FACTBOX-Oil production cost estimates by country
Reuters - 7/28/2009 9:15:50 AM
The following provides estimates of the cost of running a field for OPEC members and other individual countries, obtained from traders and industry analysts. It also gives the International Energy ... the world: Oilfields Estimated 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 ...
At OPEC meeting, Iran says it plans oil production hike if sanctions are lifted
Washington Post - 12/5/2013 1:33:28 AM
VIENNA — Iran indirectly challenged OPEC kingpin Saudi Arabia on Wednesday, announcing plans to pump as much oil ... six world powers meant to ensure that its atomic activities cannot be used to make weapons. It also raised the prospect of a production ...
Flavor Your Life Discusses the World Production Rates of Olive Oils, Including Australian and Organic Olive Oil
Virtual-Strategy Magazine - 12/6/2013 8:20:19 AM
For the year 2011/2012, it was estimated that the world production of olive oil would ... The rates of olive oil production in other Mediterranean countries are also expected to grow. The production in Tunisia, for example, is expected to ...
OPEC Maintains Crude-Production Target at Vienna Meeting
Bloomberg - 12/4/2013 3:25:01 PM
Maintaining the 30 million-barrel-a-day target for the 12-nation Organization of Petroleum Exporting Countries ... surging production from shale formations. It will surpass Russia and Saudi Arabia to become the world’s largest oil producer ...
World Olive Oil Consumption Slips, Production Rebounds
oliveoiltimes.com - 10/8/2013 1:40:49 PM
The IOC said that among its other member countries, production is forecast to be higher ... but the IOC’s provisional data puts last season’s world olive oil production at about 2.5 million tons – down by just over a quarter on 2011/12’s record ...
IEA: US Will Be World's Biggest Oil Producer by 2015
Voice of America - 11/12/2013 2:39:32 PM
But the Paris-based adviser to 28 energy-consuming nations said the U.S. position as the top world oil producer will end by the mid-2020s as resources diminish at the fields being tapped at the moment in the mid-country states of North Dakota and Texas.
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 ...
How Growing US Oil Production will Affect the World
OilPrice - 12/4/2012 12:04:59 AM
There was high hope that a small group of countries—Brazil, Russia, Iraq and Kazakhstan, or the BRIKs—would “redraw the world’s oil map by boosting their production over the next two decades,” says the Financial Times. However, the newspaper ...
Texas pumping more oil than some OPEC countries
fuelfix.com - 7/9/2013 11:56:59 PM
... oil production reached its highest level since 1984. That month, the Lone Star State pumped more than 74 million barrels of crude from the ground, which means if Texas were a country, it would be one of the 15 largest oil producers in the world.
The World Needs 390 Billion Barrels of New Oil Production by 2035
The Motley Fool - 9/21/2013 11:55:07 PM
That means the world's oil companies have a lot of work to do if they want to add enough production to both offset declines while meeting growing demand. The following slide shows our current conundrum. The good news is that at last count, the world had ...