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
Mapped: The World’s Largest State-Owned Oil Companies
Business Insider - 1/12/2021 10:32:00 PM
View the high-resolution of the infographic by clicking here. Oil is one of the world’s most important natural resources
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World Oil - 8/17/2018 2:09:00 PM
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15 Biggest Oil Refining Companies in the World
Insider Monkey - 1/14/2021 9:32:00 AM
In this article we are going to list the 15 biggest oil refining companies in the world. Click to skip ahead and jump to the 5 biggest oil refining
Big Oil Missed This, Now It Could Be Worth Billions
PR Newswire - 1/15/2021 1:00:00 PM
In Namibia, an African venue that is being set up as the scene of the world's next—and possibly last—major onshore oil discovery, the oil
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Business Insider - 1/12/2021 10:21:00 AM
There’s a breaking energy story that could potentially be a repeat of Texas’ multi-billion dollar Midland Basin… A basin that
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Business Insider - 1/14/2021 4:28:00 AM
A potential high upside opportunity in the oil and gas sector is unfolding that offers one of the most attractive risk/reward profiles this
Norway eyes sea change in deep dive for metals instead of oil
Reuters - 1/12/2021 7:56:00 PM
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Oil settles lower as China lockdowns temper ‘euphoria’
MarketWatch on MSN.com - 1/15/2021 8:22:00 PM
Oil futures finish sharply lower Friday, prompting U.S. benchmark prices to pare their gain for the week, as investors weigh fresh COVID-19 outbreaks in China.
North Sea Grieg area boosts Lundin’s reserves
Offshore - 1/12/2021 9:20:00 PM
Lundin Energy has updated its estimates for its 2P and 3P net resources. As of Dec. 31, 2020, 2P (proved plus probable reserves) were 670.9 MMboe, an upward revision of 39.3 MMboe related mainly to the Edvard Grieg field in the North Sea.
Western Oil Majors Are Key To Reviving Venezuela's Oil Industry
MarketWatch - 1/5/2021 3:36:00 PM
Venezuela's rapidly disintegrating oil industry, which is the backbone of its economy, is a mere shadow of what
