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
Palm oil market: 87% of world palm oil production from Indonesia and Malaysia
Live-PR - 3/6/2014 3:51:55 PM
accounting for 87% of production output in 2011/12. Increasing demand from the bioenergy sector and oleochemicals industries has increased demand for palm oil over recent years. The increased demand for biofuels in the developed countries such as Europe ...
Palm Oil, Rubber on Different Paths
Wall Street Journal - 3/7/2014 5:09:29 PM
The prices of both commodities also track the price of crude oil–as synthetic rubber is a competitor to natural rubber, and oil prices influence demand for biodiesel made with palm oil. “As they are generally grown in the same areas, adverse ...
Iraq returns as world's fastest-growing oil exporter
Thomson Reuters - 3/5/2014 9:55:12 AM
So much so that, after momentum slowed last year, many in the industry expect a significant increase in 2014 from the country that holds the world's fifth-biggest ... issues over how it divides production, as oil prices have stayed high.
PDVSA to boost Orinoco Oil Belt production
PennEnergy - 3/7/2014 1:41:53 PM
The PDVSA delegation is being led by Josefina Salazar, president of PDVSA Intevep, the PDVSA research arm, and Nelson Martínez, president and CEO of CITGO Petroleum Corporation.
Rise in Crude Oil Production Drives Demand for Asphaltene and Paraffin Inhibitors, According to New Report by Global Industry Analysts, Inc.
northforkvue.com - 3/7/2014 3:36:25 PM
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000 ...
Palm Oil Prices Rise on Ukraine Tensions
Wall Street Journal - 3/4/2014 11:07:58 AM
The two countries account for about 90% of global palm oil production. “There may be a short-term spike in substitution with biodiesel,” Oiltek director Yong Khai Weng said. Palm oil is one of world’s most widely consumed cooking oil ...
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 ...
Iraq’s production increment and the OPEC mixed feelings
Middle East Confidential - 3/6/2014 10:29:48 AM
The increase in production and exportation favors the country rebuilding even though its neighboring countries continue to experience violence. Iraq holds the world’s fifth-biggest oil reserves. The increment could play an immense role in providing ...
Refiners Eye Better Oil Deal Terms on U.S. Boom: Corporate India
Businessweek - 3/6/2014 7:16:31 AM
Hindustan Petroleum Corp. (HPCL), India’s third-largest state refiner, is seeking to at least double the interest-free credit period for crude purchases from Saudi Arabia and Kuwait to 60 days, B.K. Namdeo, the company’s refineries director ...
Reasons for our Energy Predicament: An Overview
The Energy Collective - 3/6/2014 4:42:02 PM
In my view, this is a major ... to the end of our current system. Diminishing returns is already leading to higher oil prices, and thus moving us from the up escalator to the down escalator. I am doubtful we can reestablish very widespread use of long ...
South Sudan oil production down
Iafrica - 3/3/2014 7:05:46 AM
India's ONGC Videsh Ltd, a partner in two joint oil production companies in South ... it was one of the continent's least developed countries. GDP amounted to just $10.22-billion in 2012, according to the World Bank. Thousands of people have been killed ...
FACTBOX-Oil production cost estimates by country
Reuters - 7/28/2009 9:15:50 AM
Those figures do not include the more expensive Orinoco oil from the country's sand deposits ... various types of hydrocarbons in different parts of the world: Oilfields Estimated Production /source Costs ($ 2008) Mideast/N.Africa oilfields ...
World Depends on Two Countries for Increase in Oil Production
OilPrice - 11/11/2013 11:59:04 PM
The IEA released the 2013 edition of its much-anticipated World Energy Outlook, which projects oil ... 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 ...
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 ... 1.60 million barrels per day Overall rank in oil production rise in 2012: 4 Norway, which has the biggest sovereign wealth fund in the world, saw its share jump ...