In less than 100 days since the start of 2023, the Tarim Oilfield branch of PetroChina has reached an all-time high in oil and gas equivalent output. Join us as we dig for details about this incredible feat. Produced by Xinhua Global Service■ You may like 3rd CICPE attracts enterprises...
Although its oil production has decreased since 2004, Mexico is a major oil producer with crude oil production of 1.734 million barrels per day. In recent years, Mexico’s government has tried to open development for new oil fields to reverse the decline in oil production. Mexico is also the...
Angola, OPEC member and Africa's second largest oil producer, pumped 1.68 m/bd in August. It was the third consecutive month the country had increased oil production. 8. Mexico Susana Gonzalez | Bloomberg | Getty Images Mexico produced 1.94 m/bd in August, the third straight month the count...
ExxonMobil has the highest market capitalization of any oil and gas producer worldwide. As of December 18, 2024, the United States-based company had a market cap of 474.71 billion U.S. dollars. Big Oil's place among the ten leading oil and gas companies Of the five largest companies...
aPetroChina, China's top oil and gas producer, is the main operator of the country's 53,000 kilometres of pipelines that connect gas fields to the main consumption centres. PetroChina,中国的顶面石油和气体生产商,是的国家的53,000公里的主要操作员连接天然气田到主要消耗量中心管道。[translate]...
President Joko Widodo argued during the announcement last Friday that the export ban was needed to "stabilize the oil prices at home," and promised to re-evaluate the policy "when the cooking oil had become affordable again." As the world's largest palm oil producing country, Indonesia has ...
The article reports that Russia is the largest producer of crude oil in the world. It states that the country is a step ahead of Saudi Arabia, the leading crude oil producer in the Middle East. It notes that the price of crude oil has reached the highest price of $147 per barrel. It...
at over 11 million barrels per day. This is significantly more than the daily output of ExxonMobil. At 2.5 million barrels of crude oil per day, it is the largest producer among public companies not majority owned by any state. The United States-based oil and gas giant ExxonMobil generated...
As of 2023, the United States is still the single largest crude oil producer in the world, 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...
The United States has become the world's top producer of crude oil and petroleum liquids, averaging just under 22 million barrels per day to account for 22% of the world’s production in 2023.34It's also the top producer of crude oil and lease condensate.5 In addition to crude oil and ...