Reserves & production Infrastructure Trade & prices Economic impact & companies The most important statistics Global conventional oil reserves 2022, by country Global oil production 1998-2023 Global oil production 2023, by country Discover Statista Statista Search Statista Search Need help with using...
Global production of oil and other petroleum liquids is expected to average 103 million barrels per day in 2024, according to the International Energy Agency. That's a relatively modest increase of 900,000 barrels for the year, attributed mostly to a slowdown in China's economic growth.1 Which...
As of 2024, there were 147 operational oil pipelines in the country and another eight under development. The United States is also one of the leading countries in terms of number of gas pipelines in the world. Pipeline transportation is used to move gaseous or liquid products from their ...
The decision was made as part of an agreement among the Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, to stabilize the global market, the Iraqi News Agency (INA) said, citing a statement by the country's oil ministry. Iraq's crude oi...
Without adequate inexpensive energy supply, a country is likely to cut back on manufacturing its own goods. Instead, it tries to buy from countries with less expensive sources of energy supply. For example, US industrial production per capita has been falling since 1973. The year 1973 was the...
[44,45]. The election of President López Obrador in 2018 signalled Mexico’s return to resource nationalism, reversing the opening of the hydrocarbons sector. Perhaps unsurprisingly, by 2021, the country’s oil production declined further to 1.93 mbpd, half of its 2004 peak (seeFigure 3), ...
The world's largest producer of oil is the United States, accounting for 21% of oil production. The country took the number one spot from Russia in 2018, thanks to shale production and energy independence policies.142 On Average, How Many Billion Barrels of Oil per Day Does the U.S. Exp...
21, quoted by the ministry's news service Shana. "… with the ongoing efforts to increase oil exports, by the end of the current year the country's oil production will reach 3.6 million b/d," Owji said.Platt's Oilgram News group...
CBAK Energy Announces Expansion in Nanjing: Equipment Procurement Completed and Trial Production Set for May 2025, Adding 3GWh of Capacity DALIAN, China, Dec. 30, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy" or the "Company"), a leading manufacturer ...
BAGHDAD, May 11 (Xinhua) -- Iraqi Oil Minister Hayan Abdul Ghani said on Saturday that his country would not agree to renew oil production cuts in the forthcoming OPEC+ meeting, scheduled for early next month in Vienna. Speaking at an oil and gas licensing event in Baghdad, Abdul Ghani st...