List of countries proven oil reserves

Top 20 Countries With The World’s Largest Proven Oil Reserves: Venezuela – 300 billion barrels. Saudi Arabia – 269 billion barrels. Canada – 171 billion barrels. Iran – 157.8 billion barrels. Iraq – 143 billion barrels. Kuwait – 104 billion barrels. Russia – 80 billion barrels. United Arab 24/7 Wall St. reviewed the “BP Statistical Review of World Energy June 2018” to identify the 15 countries with the most proven oil reserves. The countries on this list span five continents and control anywhere from 12.8 billion barrels of oil to 303.2 billion barrels of oil. Based on data from BP, at the end of 2009, proved gas reserves were dominated by three countries: Iran, Russia, and Qatar, which together held nearly half the world's proven reserves.

31 Jan 2020 Proved oil reserves in Europe and Eurasia 2010-2018, by country 2019 global list of the top oil and gas companies based on revenue. In 2008, it had net oil exports of 1.189 Mbbl/d to the United States. As a result of the lack of transparency in the country's accounting, Venezuela's true level of oil  19 Apr 2018 Crude oil is the lifeblood of industrialization because it fuels up In the subsequent sections, we'll go over the list of countries that have the largest oil reserves. The country has over 300 million barrels of proven reserves. Venezuela has highest proven reserve but this Crude Oil is very heavy and not has compiled a more complete list here: List of countries by proven oil reserves. 17 Jun 2019 Number one on this list of the top 10 oil-producing countries is the US. Nearly all of Canada's proven oil reserves are located in Alberta, and  2 May 2019 The country contains approximately 18% of global proven petroleum reserves and is the world's largest exporter of petroleum. Its oil and gas 

This Review adopts the most commonly used names for countries and not supply. The figures for “Reserves” refer to proven reserves as at 31st December.

The data series for total proved oil reserves does not necessarily meet the definitions, The top countries in terms of reserves are Venezuela (17.5% of global  The top 5 countries also includes Russian Federation, Saudi Arabia, Iraq, and Canada. Proved reserves of crude oil as of January 1 of the report year are the  This Review adopts the most commonly used names for countries and not supply. The figures for “Reserves” refer to proven reserves as at 31st December. oil reserves account for 97 percent of Canada's proven reserves, this list (on the bottom) compares to the list of countries with the top 10 reserves (on the top).

Some 70% of the world's proven oil reserves is held in OPEC countries, providing its members with a key political tool. Proven Oil Reserves is valued through geological and engineering processes to produce an estimated value of oil stocks in the ground.

30 Jan 2020 (CNN) Here's a look at crude oil reserves and production around the world. Members of the Organization of the Petroleum Exporting Countries 82% of the world's total proven crude oil reserves, according to OPEC and US 

The data series for total proved oil reserves does not necessarily meet the definitions, The top countries in terms of reserves are Venezuela (17.5% of global 

Most of the big fields in the proved oil reserves are in the Middle East, Venezuela, Canada, and Russia. Here's the number of barrels of proven oil reserves in 2018 for the top 15 countries according to the BP Statistical Review. This article includes a chart representing proven reserves, production, consumption, exports and imports of oil by country.. Methodology. Below the chart numbers there is specified which position a country holds by the corresponding parameter. Dependent territories, not fully recognized countries and supranational entities are not ranked. Based on data from OPEC at the beginning of 2013 the highest proved oil reserves including non-conventional oil deposits are in Venezuela (20% of global reserves), Saudi Arabia (18% of global reserves), Canada (13% of global reserves), and Iran (9%). Based on data from BP, at the end of 2009, proved gas reserves were dominated by three countries: Iran, Russia, and Qatar, which together held nearly half the world's proven reserves. There is some disagreement on which country has the largest proven gas reserves. Top 20 Countries With The World’s Largest Proven Oil Reserves: Venezuela – 300 billion barrels. Saudi Arabia – 269 billion barrels. Canada – 171 billion barrels. Iran – 157.8 billion barrels. Iraq – 143 billion barrels. Kuwait – 104 billion barrels. Russia – 80 billion barrels. United Arab

See also: List of countries by proven oil reserves. The unit bbl = barrel of oil. A sample 

8 Jan 2019 As far as I understand, Norway had 8,600 million barrels of proven oil reserves in 2018, so should maybe be on the list? Like · Reply · Mark as  5 Apr 2019 In 2011, the country surpassed Saudi Arabia to top the list of countries The country has an estimated proven oil reserves of 158 billion barrels  Crude oil - proved reserves - The World Factbook — Central www.cia.gov/library/publications/the-world-factbook/rankorder/2244rank.html 25 Mar 2019 This number is projected to rise again in 2019 to 100.8 million barrels per day. The Most Oil Reserves by Country. 27 Jun 2019 A country with large and prosperous oil reserves holds a definite advantage in world trade over those without such a source of crude oil. While 

1 Mar 2012 India ranks 20th in the list. Read on to know about 30 countries with highest proven oil reserves. . . 1. Venezuela. Proven reserve:  20 Apr 2018 The country has over 300 million barrels of proven reserves. Saudi Arabia follows in Iraq is one of the largest crude oil reserves in the world. (Source) Venz is down on the list when it comes to reserves. They lie using  11 Feb 2017 The table below lists the countries with the largest oil reserves in the NOTES: Proved reserves are estimated with reasonable certainty to be  24 Jul 2017 Qatar: Holding proven natural gas reserves of 24tcm, Qatar stands at 3rd spot in the list of the world's biggest natural gas reserves. The country