a position it has held since 2018.1However, the U.S. is not a monolithic entity, and the amount of oil that a given area can produce is limited by how much crude is actually underneath it. As such, crude oil production varies from state to state. And though some states continue...
The oil industry in Russia was privatized after the fall of the Soviet Union, but in 2021, the state forced a consolidation and a restructuring of the industry. The companies Gazprom, Rosneft, and Lukoil are now the top Russian oil and gas producers.13 Russia and its ability to export oil...
In 2022, Saudi Aramco, a state-owned petroleum and natural gas company in Saudi Arabia was one of the top oil companies in terms of daily crude oil production, with a daily production volume of nearly 13.6 million barrels per day. In contrast, Sinopec, a Chinese oil company, which largely...
Crude oil production in the United States in 2023, by state (in 1,000 barrels) Production in thousand barrels2,011,9952,011,995667,535667,535432,735432,735165,714165,714157,244157,244155,465155,465112,189112,18997,23597,23556,19656,19634,51534,51530,70130,70127,43227,43223,23523,23519,10919,...
Production from the GOM increased in May by 29 kb/d to 1,791kb/d. If the GOM was a state, its production would rank second behind Texas. The July STEO projection for the GOM output has been added to this chart and projects output to be 1,845 kb/d in December 2022, little change...
Before 2022, there has been limited state funding to plug and remediate orphan and abandoned oil and gas wells in Pennsylvania. The Pennsylvania Oil and Gas Act created two special funds called the Abandoned Well Plugging Fund and the Orphan Well Plugging Fund. The Orphan and Abandoned Well ...
Biodiesel production by valorizing waste non-edible wild olive oil using heterogeneous base catalyst: Process optimization and cost estimation. Fuel 2022, 320, 123828. [Google Scholar] [CrossRef] Anwar, M.; Rasul, M.G.; Ashwath, N.; Nabi, M.N. The potential of utilising papaya seed oil...
session emphasized the supply security of strategic natural resources, likely increasing state purchases of crude oil, natural gas, and strategic metals.76Additionally, China has doubled its EV subsidy, which could potentially lead to EVs accounting for 50% of new vehicle sales domestically by ...
Indonesia is accelerating plans to almost double its oil refining capacity and reduce its dependence on fuel product imports. Pertamina, the state-backed oil company, announced plans to invest USD 48 billion over the next seven years to boost processing capacity to 1.8 million barrels per day from...
Crude oil production in the U.S. by state 2023 + Fossil Fuels Global oil production 1998-2023 Petroleum & Refinery West Texas Intermediate annual average oil price 1976-2024 Access all statistics starting from$1,788 USDyearly* * For commercial use only ...