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, 2014See also: Oil - production map
In A Blood Bath, China's Oil Majors Are Punished, Profits Plunge
Forbes - 8/24/2016 9:46:41 PM
while domestic crude oil production dropped 4.2%. Analysts said that PetroChina’s dismal performance comes as demand growth in the world’s second-largest oil user slows, while competition heated up from the country’s independent oil refineries ...
Indonesia to increase oil production in 2016
customstoday.com.pk - 8/24/2016 1:18:27 PM
JAKARTA: Indonesia has managed to increase oil production this year, a first for the country since 2008 ... years has been facing severe challenges as a result of the decline in world oil prices. Nevertheless, the industry still managed to make some ...
Global shale oil production ‘to more than double by 2040’
Energy Live News - 8/24/2016 10:55:17 AM
The EIA stated: “Russia, Mexico, Colombia, Australia and other countries that hold large technically ... equivalent of 1.8 million b/d – of the projected total world tight oil production of 10.36 million b/d by 2040.”
It Looks Like Saudi Arabia Intends To Agree To Freeze The Oil Production
Seeking Alpha - 8/24/2016 6:11:56 PM
The share of Saudi Arabia in the world oil production rose from 10.53% to 11% over the past ... Iraq and Yemen is too close to the borders of the Kingdom, which forces the country to increase the military spending. In 2015, Saudi Arabia spent $ 87.2 ...
China Oil Giants Unmoved by Bull Rally After Worst Earnings
Bloomberg - 8/24/2016 3:05:49 PM
After posting their worst-ever half-year results, two of China’s oil giants aren’t getting ... helping drive imports by the world’s second-biggest consumer to a record. The country’s crude production in July tumbled to the lowest since October ...
Oil turns higher on report Iran may support crude-output freeze
Market Watch - 8/23/2016 11:53:44 AM
A floating oil ... production freeze faded and expectations of a ramp up in Iraqi and Nigerian production grew, but a report from Reuters sparked a reversal. Citing sources in the industry as well as at the Organization of the Petroleum Exporting Countries ...
Morgan Stanley Doubtful Over OPEC Production Cut: 4 Picks
NASDAQ - 8/23/2016 10:49:19 AM
This was revealed by the Saudi data that the production level of the desert country increased ... based Nabors conducts oil, gas, and geothermal land drilling operations and is the largest land-drilling contractor in the world. It is also one of the ...
World’s Worst Currency Slump Gleaning Rewards For Nigeria – Bloomberg
howng.com - 8/24/2016 3:27:18 PM
Oil production has sunk to a near three-decade low of about 1.5 million barrels a day as militants attack pipelines and export terminals in the south of the country. While Landesbank ... analyst at Citigroup Inc., the world’s biggest foreign-exchange ...
Orangutans will be wiped out by 2026, thanks largely to fast food and face wash
Quartz - 8/24/2016 10:05:10 AM
are devoted to palm oil production worldwide. But 90% of the world’s oil palm trees grow on plantations in Indonesia and Malaysia, including both countries’ states on the island of Borneo. The IUCN estimates that 39% of Bornean forests were lost ...
Kenya: Country finalises agreement for development of crude oil pipeline
pulse.ng - 8/24/2016 2:22:52 PM
Tullow and Africa Oil first struck oil in the Lokichar Basin in the country's northwest in 2012 ... The government and the companies are pushing to start small scale crude oil production in 2017, at about 2,000 barrels per day to be initially transported ...
Saudi holds China market share lead on record oil production
Gulf Times - 8/24/2016 11:26:54 PM
Saudi Arabia kept its spot as China’s biggest oil supplier for the first seven months this year after pumping record output in July, even as Russia threatens to overtake the kingdom in their contest for sales to the world’s largest energy consumer.
China’s Biggest Oil Firms May Calm Investors With Post-Crash Payouts
hellenicshippingnews.com - 8/23/2016 6:56:04 PM
‘More Generous’ While shares of China’s so-called Big Three oil companies — which includes China Petroleum & Chemical Corp., the world’s biggest refiner ... as well as the slide in the country’s production due to an estimated 10 percent ...
Malaysia challenges the world over palm oil on peatland
The Jakarta Post - 8/24/2016 5:07:31 PM
Malaysia is a “lone ranger” in Southeast Asia as it fights more or less solo against the majority of environmentalists’ views that palm oil ... the world, Malaysia lobbied members of the International Peat Society (IPS) so that the peatland country ...
Oil prices stay weak
Saudi Gazette - 8/24/2016 9:25:13 PM
Rising stocks indicate weaker demand in the world’s top oil consuming nation and ... an effort by OPEC and Russia to freeze production and firm prices. Members of the Organization of Petroleum Exporting Countries led by Saudi Arabia and major non-cartel ...
Mixed News for Big Oil: Record Debt but Possible OPEC Cuts — Energy Journal
The Wall Street Journal Blogs - 8/24/2016 6:44:45 AM
... FOR 12 EXPLORATION BLOCKS Mexican oil regulators on Tuesday approved a bidding process for a dozen exploration and production areas containing mostly natural gas, the sixth auction since the country opened the industry to private and foreign ...