Definition: This entry is the stock of proved reserves of crude oil in barrels (bbl). Proved reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2014See also: Oil - proved reserves map
Who Has More Oil Reserves? Who Cares?
peakoil.com - 10/21/2016 12:45:27 PM
This past July, Rystad Energy, an independent research group based in Norway, released a new study claiming that the United States actually has the largest oil reserves in the world ... other countries, not that the United States has more proven ...
Iran’s upstream oil sector needs $130B investment
Trend - 10/24/2016 4:06:30 AM
The Islamic Republic also holds 34 trillion cubic meters of proven gas reserves, sharing 18.2 percent of total global gas reserves, which puts the country in the top of the world's gas holders list. The country plans to boost oil production to 5.7 million ...
Table 1 : world proved oil reserves by country as of
www.coursehero.com - 12/31/2005 11:57:47 PM
This is the end of the preview. Sign up to access the rest of the document. Unformatted text preview: Table 1 : World Proved Oil Reserves by Country as of January 1, 2006 (billion barrels) Country Oil Reserves Saudi Arabia 264.3 Canada 178.8 Iran 132.5 ...
The World’s Largest Oil Reserves By Country
worldatlas.com - 9/18/2016 11:54:31 PM
we have profiled countries with the highest oil reserves in the world. These are the countries whose proven oil reserves are in the top 10 globally. U.S. oil reserves soared to new heights in recent years due to increased usage of unconventional drilling ...
30 countries with highest proven oil reserves
Rediff India Abroad - 3/1/2012 8:26:28 AM
Oil and gas have made Qatar one of the highest per-capita income countries, and one of the world's fastest growing. Qatar's proved reserves of natural gas are nearly 26 trillion cubic metres, about 14% of the world total and the third largest in the world.
The World’s Biggest Oil Kingdom Reverses Course
Bloomberg - 10/20/2016 4:04:05 AM
Next year will be a test of strength for Saudi Arabia, the world’s largest oil ... exchange reserves, government contractors have gone unpaid, and civil servants, who make up two-thirds of the labor force, will get no bonus this year. The country ...
Oil reserves in selected countries 1990-2015
www.statista.com - 10/15/2016 5:07:17 AM
World oil industry: proved oil reserves by leading companies 2013 World ... reserves in Europe and Eurasia Countries with the largest proportion of subsea oil reserves Countries with the largest proportion of subsea oil reserves Top oil gas operators ...
World Proved Oil Reserves Data A Work Of Fiction
Oil Price - 12/9/2014 5:07:16 AM
The EIA publishes Annually a list of World ... reserves the country possesses. Even the US has gotten in on the act, adding 11.5 billion barrels of proved reserves since 2009. They did not report US 2014 reserves. Most of this increase is light tight oil ...
World Proved Oil Reserves, Fact Or Fiction
Seeking Alpha - 12/8/2014 3:38:22 PM
The EIA publishes annually a list of World ... reserves the country possesses. Even the U.S. has gotten in on the act, adding 11.5 billion barrels of proved reserves since 2009. They did not report U.S. 2014 reserves. Most of this increase is light tight ...
Venezuela Oil Price Slips After 3 Weeks of Gains
Latin American Herald Tribune - 10/23/2016 4:10:40 PM
... is the main export of Venezuela and provides most of the country's foreign currency. As of 2015, Venezuela had nearly 298 billion barrels of proved oil reserves -- the largest in the world. The next largest proved oil reserves are in Saudi Arabia with ...
Venezuela's Oil Reserves Are Probably Vastly Overstated
Forbes - 7/1/2016 12:35:07 PM
By 2010 the country’s proved reserves reached 297 billion barrels, leaping over Saudi Arabia to become the country with the world’s largest crude oil reserves. Was this massive increase in its proved reserves a result of huge new oil discoveries in ...
Investment return in Iranian oil industry projects favorable
theiranproject.com - 10/24/2016 1:36:11 AM
He noted that the oil industry is expected to be the forerunner of the country’s economic development ... We so concluded that having so much reserves, world cannot take Iranian energy for granted. However, sanctions proved the world can deny our energy ...
Top Ten Oil Reserves Countries
mapsofworld.com - 12/31/2014 11:53:39 PM
Going by the latest data, Venezuela is the country with highest reserve of crude oil in the world. This South American nation has ... It is at the third position with 171 billion barrels of proved reserve. Iran and Iraq rank 4th and 5th respectively.
The World’s Top 10 Oil Companies
24/7 Wall ST - 12/15/2014 10:50:54 AM
On the supply side, North American shale oil ... country’s governments. Company data were gathered from S&P Capital IQ. Reserves and production figures do not include natural gas or non-oil liquids. Here are the top 10 oil companies in the world based on ...
7 Oil Stocks With the Largest Reserves
The Motley Fool - 4/11/2015 8:53:37 AM
as the world's seven largest oil companies not controlled by a country hold only 50 billion barrels of proved oil reserves. So, while these might be the world's big oil giants, they are really small potatoes on the global scene. That being said ...