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  2. List of countries by oil production - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by_oil...

    Under this definition (crude and condensate), total world oil production in 2023 averaged 81,804,000 barrels per day. Approximately 72% of world oil production came from the top ten countries, and an overlapping 35% came from the twelve OPEC members.

  3. Petroleum industry in Nigeria - Wikipedia

    en.wikipedia.org/wiki/Petroleum_industry_in_Nigeria

    However, crude oil prices have increased, offering some consolation. The decline in production may also lead to a reduction in Nigeria's OPEC quota. The country's gas exports decreased by 25% to a three-year low, [58] similar to the decline in crude oil exports. Low production and the exit of multinationals are the main causes.

  4. Energy in Nigeria - Wikipedia

    en.wikipedia.org/wiki/Energy_in_Nigeria

    Shell Nigeria announced 40,000 barrels of the crude oil spill in Nigeria in December 2011. [31] Bonga Field produces around 200,000 barrels a day. The spill was among the worst off the coast of Nigeria in 10 years. [32] 280,000 barrels of oil were estimated spilled in 2008 in two leaks in the Bodo region in the Ogoni district in 2008. [33]

  5. The US and other crude producers will take more oil market ...

    www.aol.com/us-other-crude-producers-more...

    The US and other oil-producing nations will account for the bulk of crude supply growth in 2025, Bank of America said. The US and other crude producers will take more oil market share from OPEC in ...

  6. Federal Ministry of Petroleum Resources - Wikipedia

    en.wikipedia.org/wiki/Federal_Ministry_of...

    The Directors report directly to the Permanent Secretary, while the deputy directors report to the Directors and the assistant directors report to the deputy directors respectively. The Ministry of Petroleum Resources operational frame work operates in a hierarchical level from the top management cadre down to the middle/junior executive cadre. [9]

  7. Chronology of world oil market events - Wikipedia

    en.wikipedia.org/wiki/Chronology_of_world_oil...

    The announcement comes amidst growing non-OPEC oil production and weak oil prices. (DJ) November 22: OPEC states that it will roll over its current oil production quota of 25.42 million barrels per day (4,041,000 m 3 /d). The roll-over was widely anticipated because of slack world oil demand, rising non-OPEC production, and weak prices. (DJ, PON)

  8. Nigeria - Wikipedia

    en.wikipedia.org/wiki/Nigeria

    Nigeria each year loses to gas flaring an estimate of US$2.5 billion, [180] and over 120,000 barrels of oil per day to crude theft in the Niger Delta, its main oil-producing region. [ 181 ] [ 182 ] This has led to piracy and conflict for control in the region and has led to disruptions in production preventing the country from meeting its OPEC ...

  9. List of countries by proven oil reserves - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    Map of countries with proven oil reserves - according to US EIA (start of 2017) Trends in proven oil reserves in top five countries, 1980–2013 (data from US Energy Information Administration) A map of world oil reserves according to OPEC, January 2014. Proven oil reserves are those quantities of petroleum which, by analysis of geological and ...