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
Venezuela’s Oil Output Decline Accelerates as Drillers Go Unpaid
Bloomberg - 6/28/2016 10:36:59 AM
Venezuela’s oil output, already the lowest since 2009, is set to slide further this year as contractors scale back drilling after the cash-strapped country fell more than $1 billion behind in payments. The Latin American nation’s oil production ...
Legacy projects drive new Canadian oil
United Press International - 6/28/2016 10:15:30 AM
Canada is the top oil exporter to the United States and, with more than 170 billion barrels of proven reserves, holds the third largest reserves in the world ... for conventional oil production in the western part of the country, a short-term 15 percent ...
QP and France's Total form new company to develop oil field in Qatar
gdnonline.com - 6/28/2016 11:15:46 PM
Dubai: Qatar Petroleum and France's Total on Monday signed an agreement to create a new company that will develop and operate one of the world's largest oil fields located in the Arab Gulf country ... the rights for the production, sale and export of ...
Global Market Shock May Hurt Oil Production
investing.com - 6/28/2016 1:07:18 PM
The fact that Brexit will actually happen anytime soon is allowing the market to try to act more normal even as everything in the world has ... recession may lower oil demand expectations, the global market shock may actually hurt production more.
Government Think Tank Pushes Canada to Think Beyond Its Oil Dependence
Inside Climate News - 6/28/2016 10:47:08 PM
... sands site A Canadian government think tank is calling for the country to make a seismic shift away from its economic dependence on oil production or risk being left behind as the world moves rapidly away from fossil fuel use. The draft report, by ...
Oil prices rise as Brexit concerns ease
Business Recorder - 6/28/2016 1:28:47 PM
which could affect just under 20 percent of the Scandinavian country's oil production. "Today's price rise is attributable first and foremost to possible production outages in Norway, where there is the threat of strikes in the oil and gas industry from ...
Venezuela Oil Services Debt Rises To $1.2 billion As Rig Count Dips
Yahoo Finance - 6/28/2016 10:11:20 PM
He affirmed the commitment of the world ... in the country for more than 100 years,” the minister said. “They are not going to leave.” As oilprice.com mentioned on 23 June, analysts believe that Venezuela’s diminished oil production could be ...
Narendra Modi’s $27 billion oil quest gives services firms a lifeline
Economic Times - 6/28/2016 12:24:21 PM
Spending plans are ratcheting up and stalled projects restarting after the government in March announced pricing freedom for natural gas from deepsea fields that begin production ... on track to become the world's third-largest oil consumer.
Why Citi Says Lower Gas Prices Aren't Helping the World (C)
Investopedia - 6/27/2016 5:40:30 PM
Such a precipitous drop in prices has occurred largely because of the Organization of Petroleum Exporting Countries ... crude oil and 60% of the total petroleum traded internationally, OPEC members collectively decided in November 2014 to raise production ...
World Steel Pipe Industry
Market Watch - 6/27/2016 7:13:34 PM
LONDON, June 27, 2016 /PRNewswire/ -- Study coverage This report offers historical demand data (2004, 2009 and 2014) plus forecasts (2019 and 2024) by application for six world regions ... other developing countries, and oil and gas exploration moderates ...
Branding Briefing: How Some Greek Olive Farmers Are Making More Money Selling Less Oil
Forbes - 6/28/2016 9:25:24 AM
But nearly everyone agrees that Greece has a huge opportunity to improve its production and marketing of premium brands in the olive oil business. It could even be one pathway for the fraught country to ... and Scandalous World of Olive Oil.”
India may offer opportunities for Houston’s oil services companies
Fuel Fix - 6/28/2016 2:33:12 PM
Spending plans are ratcheting up and projects are restarting after the government in March announced pricing freedom for natural gas from deep-sea fields that begin production this ... track to become the world’s third-largest oil consumer.
Modi's $27B Oil Quest Gives Services Firms A Lifeline
Rigzone - 6/28/2016 5:00:33 AM
Spending plans are ratcheting up and stalled projects restarting after the government in March announced pricing freedom for natural gas from deepsea fields that begin production ... track to become the world’s third-largest oil consumer.
Investment: FG, Chinese Firm Sign $8.5bn Oil Deal
Leadership - 6/28/2016 2:37:23 AM
The country is also seeking between ... which have a huge capacity to put money in the oil sector, is very helpful.” Low oil prices, which have fallen by more than half in the past two years, are forcing some of the world’s largest drillers to seek ...
Oil Field Chemicals Industry Sales, Supply and Consumption 2016 Analysis and Forecasts to 2022
Empowered News - 6/28/2016 12:45:50 PM
... oil production chemicals. Oil field chemicals present in the market include demulsifiers, surfactants, corrosion inhibitors, oxygen scavengers, paraffin dispersants, water coagulants, and biocides. High energy consumption in emerging countries such as ...