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, 2020
See also: Oil - proved reserves mapRelated News
This Is the Country That Has the Most Oil
24/7 Wall St - 5/27/2022 12:00:00 PM
Concerns over access to crude oil have been front-page news recently. Sanctions against Russia have cut its oil exports. In turn, this caused the price of oil to rocket above $100 a barrel, near a record set just over a decade ago.
Drilling Down: Oil Production Scenarios Across Countries
Seeking Alpha - 5/19/2022 5:26:00 PM
The European Union’s plans for a phased ban on Russian oil imports leaves a sizeable hole in global supply. So, what should investors pay attention to in trying to leverage oil gains? Even if you set aside the Russia factor,
Countries with largest oil reserves: Russia is No 6, find out which nation takes top spot
MSN - 4/12/2022 2:36:00 PM
DO note that Venezuela owns the most oil in the world, but that hasn ... (Image: Reuters) No 8 | Country: The United Arab Emirates | Total Proved Oil Reserves as of 2020: 98 billion barrels ...
The Wise Use of Natural Resources
The Atlantic - 5/27/2022 3:53:00 PM
A graduate of M. I. T. and a director of Standard Oil of New Jersey, DAVID A. SHEPARD was brought up in Colorado, a state aware of its natural wealth and anxious to keep it coming. He believes, as do many men in industry today,
Our Inexhaustible Resources
The Atlantic - 5/27/2022 3:36:00 PM
A Texan and a geologist who has been President of Standard Oil (New Jersey) since 1944, EUGENE HOLMANrefutes the charge that we have, dangerously depleted our resources. In the article which follows he has drawn up an inventory of our potential resources,
Could Iraq Dethrone Saudi Arabia As Largest Oil Producer?
BayStreet - 5/26/2022 10:19:00 AM
Jabbar, last week stated that the country aims to increase its crude oil production to 6 million barrels per day (bpd) by the end of 2027. This sort of statement, with the amount or year changed slightly in each variant,
Macro Dashes: There Is No Oil Shortage
Seeking Alpha - 5/19/2022 2:46:00 PM
According to BP p.l.c.'s (BP) early 2021 Statistical Review of World Energy ... at least 47 years of oil left based just on proven reserves. Here's another interesting proved oil reserves item.
Complementary World LNG Map at World Gas Conference (WGC 2022) by Mudrock Media
Yahoo Finance - 4/28/2022 5:30:00 AM
ABOUT OIL & GAS STORAGE AND TRADE SERIES: WORLD CRUDE OIL & LNG PLANT MAP The first World ... Graphic pie chart – Asia Natural Proved Reserves by Country (2020) Graphic pie chart – World Energy Consumption by Region (2018 vs 2014) Graphic pie chart ...