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- United States. Production: 20,213,000 bpd. Number one on this list of the top 10 oil-producing countries is the US. Its output increased by 1,232,000 bpd from its 2021 level to reach 20,213,000 bpd in 2022.
- Saudi Arabia. Production: 12,144,000 bpd. Saudi Arabia’s oil output came in at 12,144,000 bpd in 2022. The country possesses 17 percent of the world’s proven petroleum reserves and is the largest petroleum exporter.
- Russia. Production: 10,938,000 bpd. Prior to production cuts in 2020, Russian oil output had spent a number of years rising; it came in at 10,938,000 bpd in 2022.
- Canada. Production: 5,694,000 bpd. Next on this list of the top 10 oil-producing nations is Canada. The country’s annual oil production rose to 5,694,000 bpd in 2022, up from 2021’s output amount of 5,537,000 bpd.
In 2008, the UK was the 14th largest oil and gas producer in the world (10th largest gas producer and 19th largest oil producer). [20] In Europe the UK is second only to Norway in oil and gas production. Oil and gas production from the UK sector of the North Sea peaked in 1999, but the UK
This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2023, tabulating all countries on a comparable best-estimate basis.
May 25, 2021 · Japan's JX Nippon wants to sell its British North Sea oil and gas assets including stakes in some of the basin's biggest fields in a deal that could fetch up to $1.5 billion, five banking...
Sep 21, 2023 · Oil companies doubled their profits and the economies of the biggest oil producers in the world got a major boost. But which countries are responsible for most of the world’s oil supply? Using data from the Statistical Review of World Energy by the Energy Institute, we’ve visualized and ranked the world’s biggest oil producers.
Jun 20, 2024 · The data on energy production from fossil fuels provided by The Shift Data Portal is based on the following sources: For the period 1900-1980: Bouda Etemad and Jean Luciani, World Energy Production 1900 - 1985, ISBN 2-600-56007-6, Data digitalized and published with agreement of B. Etemad.
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Jul 28, 2022 · The Largest Oil Producers in 2021. Roughly 43% of the world’s oil production came from just three countries in 2021—the U.S., Saudi Arabia, and Russia. Together, these three countries produced more oil than the rest of the top 10 combined.
