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
America Has Saved the World From a Global Oil Crisis
The Motley Fool - 7/19/2014 4:10:46 PM
Let's take a look at what has happened in the world oil markets during the past several ... War between Sudan and South Sudan has led to oil production being half what it was since then from the now separate countries. The Arab Spring has sent Libya ...
World Bank loans Kenya $50 million to improve oil industry management
PennEnergy - 7/28/2014 2:19:53 PM
A report by the International Monetary Fund suggested Kenya will begin commercial oil production in five years ... for sustainable development," said Diarietou Gaye, the World Bank's country director for Kenya. More information on the power market in ...
Offshore security threats weighing on Nigeria’s oil industry
Businessday - 7/29/2014 11:22:44 PM
Major offshore oil and gas assets in the country include Agbami with daily production of 250,000 barrels per day (bpd ... economic concern for many governments in the contemporary world, especially in the oil-rich Gulf of Guinea, said Okechukwu Ogbonna ...
U.S. Leads the World in Oil Production and Climate Denial
Ring of Fire - 7/23/2014 3:15:55 PM
Just this week, the U.S. was announced as the leading producer of oil in the world. It beat out Saudi Arabia and all the other countries in the world. The U.S. is also the world leader in climate change denial. It’s a terrifying combination that leaves ...
The 10 Most Oil-Rich States
Yahoo Finance - 7/28/2014 10:09:21 AM
“Without [horizontal drilling and hydraulic fracturing] much of the ‘unconventional’ production wouldn’t ... If Texas were its own country, it would be the sixth largest oil producer in the world.
Algeria Spending $100 Billion To Turn Around Falling Oil And Gas Production
Forbes - 7/24/2014 11:04:12 AM
Intent on finally turning the tide on a five year decline in oil and gas production ... is home to the world’s third largest shale deposits behind China and Argentina with 707 trillion cubic feet, though this remains unproven. The country’s potential ...
FACTBOX-Oil production cost estimates by country
Reuters - 7/28/2009 9:15:50 AM
July 28 (Reuters) - The cost of pumping ... to make new discoveries, production costs were generally estimated at $20 a barrel (operating and capital costs). Those figures do not include the more expensive Orinoco oil from the country's sand deposits.
Oil Prices Affected By Ukraine-Russia, Israel-Hamas and ISIS-Iraq Conflicts
The Inquisitr - 7/21/2014 1:16:36 PM
Often, the spike in oil prices during times of conflict in the Middle East or in other oil rich countries like Russia rises more than the actual effect on oil production and distribution ... The report also suggests that the world could see a spike in ...
EIA: Iran still hurt by sanctions
United Press International - 7/23/2014 11:48:20 AM
EIA, the statistical arm of the Energy Department, updated its country profile for Iran ... technology and expertise needed to expand the capacity at oil and natural gas fields and reverse production declines," the report said. Iran under the terms ...
Top 10 oil and gas producing countries in 2012
Mining - 6/14/2013 10:46:25 PM
World oil production ... 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 in 2012 (+14%), whereas ...
World Depends on Two Countries for Increase in Oil Production
Oil Price - 11/11/2013 11:59:04 PM
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20 countries seeing biggest increase in oil production
Rediff India Abroad - 11/8/2013 3:09:55 AM
3.11 million barrels per day Overall rank in oil production rise in 2012: 7 Canada, one of the most advanced countries in the world, has more than 4 per cent share of oil production. Change in share of world oil production (1973-2012): 0.59 per cent Share ...
Top 5 Oil-Producing Countries In 2011
Investopedia - 3/22/2011 11:58:11 PM
However, some have commented that current price rise may be an overreaction, since Libya produces only about 2% of the world's oil per day. While that is not an insignificant amount, other large oil producing countries could potentially step up production ...
Iran's oil output increases by 131 tbpd in 2014
Trend - 7/29/2014 8:35:06 AM
Iran's crude oil production during the period also indicates an ... which indicates an increase by 106,000 barrels per day compared with April 2013. The country ranked seven among world crude oil producers after Russia(10.08 mbpd), Saudi Arabia (9.69 ...
Chevron U.S.A.’s base oil facility begins production
Mississippi Business Journal - 7/21/2014 1:02:17 PM
helping countries around the world meet increasingly strict regulatory requirements and higher performance standards for lubricants. Premium base oil is the main ingredient in the production of top-tier motor oils that help improve fuel economy ...