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Some statistics on this page are disputed and controversial—different sources (OPEC, CIA World Factbook, oil companies) give different figures. Some of the differences reflect different types of oil included. Different estimates may or may not include oil shale, mined oil sands or natural gas liquids.
A Guyanese historian, Walter Rodney, posits that foreign ownership of African natural resources is the "most direct way" that rich countries continue to dominate African states without formally colonizing them: "When citizens of Europe own the land and the mines of Africa, this is the most direct way of sucking the African continent." [9]
Equatorial Guinea has Africa's highest GDP per capita. Oil-rich countries such as Algeria, Libya and Gabon, and mineral-rich Botswana have emerged among the top economies since the 21st century, while Zimbabwe and the Democratic Republic of Congo are potentially among the world's richest nations by natural resources, but have sunk into the list ...
Approximately 72% of world oil production came from the top ten countries, and an overlapping 35% came from the twelve OPEC members. Members of OPEC+ , which includes OPEC members produce about 60% of the world's petroleum. supply and demand In addition to being top 5 in oil production, the United States and Russia are also top 5 in oil exports ...
According to BMC, "Nigeria is Africa's energy giant. It is the continent's most prolific oil-producing country, which, along with Libya, accounts for two-thirds of Africa's crude oil reserves. It ranks second to Algeria in natural gas. [8] Most of Africa's bitumen and lignite reserves are found in Nigeria. In its mix of conventional energy ...
By default countries are ranked by their total proven oil reserves. Note that data related to one parameter may be more up to date than data related to some other. See also separate lists and their source pages: List of countries by proven oil reserves [1] List of countries by oil production [2] List of countries by oil consumption [3]
Russia's top diplomat pledged help and military assistance while on a whirlwind tour of several countries in Africa's sub-Saharan region of Sahel this week, as Moscow seeks to grow its influence ...
In recent years, a significant amount of foreign-based oil drilling has begun in South Sudan, raising the land's geopolitical profile. Oil and other mineral resources can be found throughout South Sudan, but the area around Bentiu is commonly known as being especially rich in oil, while Jonglei, Warrap, and Lakes have potential