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On this page, you’ll learn about the following:
Best Oil Production Statistics
☰ Use “CTRL+F” to quickly find statistics. There are total 89 Oil Production Statistics on this page 🙂Oil Production Usage Statistics
- LPG covered a small portion of the consumption in this sector with a 2.06 % share and its usage varied greatly among countries. [0]
Oil Production Market Statistics
- Fuel oil used in navigation continued its longterm descent due to regulatory and market changes and, in 2020, also due to the pandemicrelated reduction of maritime transport, decreased a further 16.1 % compared to 2019. [0]
Oil Production Latest Statistics
- Primary energy consumption fell by 4.5% in 2020 – the largest decline since 1945. [1]
- China posted the largest increase (2.1%). [1]
- Carbon emissions from energy use fell by 6.3%, to their lowest level since 2011. [1]
- Oil consumption fell by a record 9.1 million barrels per day , or 9.3%, to its lowest level since 2011. [1]
- Refinery utilization fell by a record 8.0 percentage points to 74.1%, the lowest level since 1985. [1]
- Natural gas consumption fell by 81 billion cubic metres , or 2.3%. [1]
- Nevertheless, the share of gas in primary energy continued to rise, reaching a record high of 24.7%. [1]
- Inter regional gas trade reduced by 5.3%, completely accounted for by a 54 bcm (10.9%). [1]
- LNG supply grew by 4 bcm or 0.6%, well below the 10 year average rate of 6.8% p.a. [1]
- US LNG supply expanded by 14 bcm (29%). [1]
- Coal consumption fell by 6.2 exajoules , or 4.2%, led by declines in the US (2.1 ) and India ( 1.1 ). [1]
- Global coal production was down 8.3 EJ (5.2%). [1]
- Renewable energy rose by 9.7%, slower than the 10 year average (13.4% p.a.). [1]
- Solar electricity rose by a record 1.3 EJ (20%). [1]
- Hydroelectricity grew by 1.0%, again led by China , while nuclear energy fell 4.1%, driven mainly by declines in France ( ). [1]
- Electricity generation fell by 0.9% – more than the decline in 2009 ( 0.5%). [1]
- The share of renewables in power generation increased from 10.3% to 11.7%, while coal’s share fell 1.3 percentage points to 35.1% – a new low in our data series. [1]
- Lithium production fell 4.6% on a drop in Australian output, while Cobalt output rose 2.9% as production in the Democratic Republic of Congo partially recovered from its dip in 2019. [1]
- Rare earth metals production expanded by 23.2%, driven by strong growth in Australia and the US. [1]
- 91.8897.3899.80101.73 Primary Assumptions. [2]
- Crude oil production Global crude oil production fell (6.1%). [3]
- Use TAB to select grip buttons or left and right arrows to change selection % in total production. [3]
- Global crude oil production fell (6.1%). [3]
- International oil prices fell by more than a third in 2020 (35% for the Brent, at US$42/bbl). [3]
- In 2020, the US crude oil production (17% of global output in 2020). [3]
- Overall, oil production fell by 8.8% in the Middle East, including 7% in Saudi Arabia, by 8.6% in Russia, and by 14% in Nigeria. [3]
- It declined by 4.5% in Canada but grew by 1.6% in China and by 7.1% in Brazil. [3]
- India produced 254 Mt of petroleum products in 2021. [3]
- India’s crude oil production declined by 2.7% in the fiscal year 2021 2024 to 29.7 Mt, in line with the recent decrease in oil production due to ageing fields. [3]
- Oil and Natural Gas Corporation produced 19.45 Mt of crude oil . [3]
- With the economic recovery, refineries processed 242 Mt of crude oil in the fiscal year 2021 2024 (+9%), producing 254 Mt of petroleum products (+8.9%). [3]
- In addition, natural gas output rose by 18.7% to 34 bcm in the fiscal year 2021. [3]
- US greenhouse gas emissions declined by 11% in 2020 to 5,222 MtCO , i.e., 21% below 2005 levels, according to the United States Environmental Protection Agency. [3]
- This was driven by an 11% decrease in CO emissions from fossil fuel combustion, primarily due to a 13% drop in transportation emissions driven by lower demand owing to the COVID. [3]
- In addition, power sector emissions also fell by 10%, reflecting both a slight decline in demand from the COVID 19 pandemic and a continued shift from coal to natural gas and renewables. [3]
- In 2020, CO accounted for 79% of total emissions, followed by methane (11%), nitrous oxide (7%) and fluorinated gases (3%). [3]
- Transport is the largest emitter sector (27%), followed by electricity (25%), industry (24%), commercial and residential (13%) and agriculture (11%). [3]
- Ghanaian crude oil production fell by 17.7% in 2021 to 55 mbl , according to the country’s Public Interest and Accountability Committee. [3]
- Gas production of associated gas and non associated increased by 7.7% in 2021 to 256,262 mcf. [3]
- Japan’s greenhouse gas emissions decreased by 5.1% in the financial year 2020. [3]
- to 1,150 MtCO , their lowest level since 1990 1991, according to final figures from the Japanese Ministry of the Environment. [3]
- It represents an 18.4% decline compared to the financial year 2013. [3]
- In 2020, the COVID restrictions heavily reduced the consumption of oil products in the EU, worst hit was jet kerosene which decreased by 56.4 %. [0]
- Import dependency reached a record high in 2020 when the EU relied on net imports for 96.96 % of the crude oil and petroleum products consumed. [0]
- This is the lowest value in the 31year time series starting in 1990 and it represents the steepest yearly drop ( 13.2 % from 2019). [0]
- They increased 8.4 % in 2020 and Norway was in second place in the list of providers to the EU. [0]
- Imports of crude from the USA were historically almost irrelevant but have been increasing sharply in the last few years, they finally jumped 33.6 % in 2020, reaching the record high and making this country for the first time the fourth provider to the EU. [0]
- Imports from Saudi Arabia dropped 11.1 % placing this origin in the fifth place. [0]
- Imports from Nigeria dropped 14.4 %. [0]
- Finally, imports from Iraq, which had increased in the recent years, dropped substantially in 2020 . [0]
- It was the lowest quantity ever produced at the EU level and it marked the sharpest drop ever recorded ( 11.9 % from 2019). [0]
- If positive values are above 100 %, it means that imports surpass the needs of a country and that consequently stocks are being built up. [0]
- The import dependency for the entire family of crude oil and petroleum products reached a record high in 2020 when the EU relied on net imports for 96.96 % of its energy availability. [0]
- The dependency on foreign oil has been growing from the lower rates observed in previous decades and from a minimum observed in 1999 (91.66 %). [0]
- The dependency in 2020 was the combined result of decreases in imports (11.58 %), exports (10.27 %) and gross available energy . [0]
- Primary production also changed ( 5.19 %). [0]
- The relative steadiness in dependency in 2020 was the result of a decrease in imports (13.05 %) by large the most important variable in this indicator, and a similar decrease in gross available energy . [0]
- Other variables such as primary production and exports also changed (5.2 % and 24.0 %, respectively). [0]
- In 2020, Germany continued to lead with a 22.5 % share of the total final EU consumption, followed by France (15.6 %), Italy (9.8 %) and Spain (9.7 %). [0]
- In 2020, however it fell to 217.8 Mtoe, a level similar only to those of the late 1990s, registering a never seen before yearly drop of 8.9 %. [0]
- In 2020, however, it dropped 13.9 % to 58.2 Mtoe, marking a new record low. [0]
- 48.2 Mtoe however, in 2020 the cancellation of most flights lead to unprecedented changes, the consumption decreased a staggering 56.4 % to only 21.0 Mtoe, the lowest value ever recorded. [0]
- 85.6 % of the fuel was used in international aviation while 14.4 % was consumed for domestic fights, such split is rather stable through the years. [0]
- The largest portion of this fuel was used for international voyages (96.2 %), the rest for domestic shipping (3.8 %). [0]
- In some cases the contraction was substantial, such as in the transport sector ( 18.4 % overall for different types of transports). [0]
- The only sectors which increased the use of oil in 2020 were Households (+5.6 %) and Other sectors (+1.9 %). [0]
- Domestic and international transport was by far the largest user with 61.5 % of the total consumption. [0]
- Road transport was the key consumer with 47.6 %, while water and air transport used 9.1 % and 4.6 %, respectively. [0]
- Households and the energy sector had shares of 6.6 % and 4.9 %, respectively. [0]
- Services, both commercial and public, used about 2.1 %, while other sectors, including agriculture, forestry and fishing, used about 4.0 %. [0]
- In 2020, road transport was dominated by gas/diesel oil (66.46 %) and motor gasoline (23.91 %). [0]
- In 2020, the EU reached a share of actual consumption of 6.69 % for renewables and biofuels. [0]
- Lastly, despite a small increase over the years, electricity still played a minor role in road transport (0.12 %). [0]
- The United States holds 35,230,000,000 barrels of proven oil reserves as of 2016, ranking in the world and accounting for about 2.1% of the world’s total oil reserves of 1,650,585,140,000 barrels. [4]
- Oil Reserves – Share of World 2.13 % 5 years of oil left. [4]
- The United States ranks in the world for oil consumption, accounting for about 20.3% of the world’s total consumption of 97,103,871 barrels per day. [4]
- The United States produces every year an amount equivalent to 15.4% of its total proven reserves. [4]
- The United States imports 37% of its oil consumption. [4]
- soybean exports as percent of production2012 44 percent2013. [5]
- 49 percent2014 47 percent2015 49 percent2016. [5]
- 47 percent2020 54 percent US. [5]
- Capital investment in this sector was equal to about $28.3 billion in 2016 was estimated at $26.5 billion in 2017 is forecast at $23.7 billion in 2018. [6]
- In 2016 to 2017, bitumen revenue totalled $1.48 billion, or 47.9% of the non. [6]
- About 4,800 km² of surface mineable area make up roughly 3.4% of all Alberta oil sands. [6]
- For more information on Alberta’s approach to reducing GHG emissions, see Oil sands projects recycle 80% to 95% of the water they use. [6]
- The supports the Alberta Land Stewardship Act Disturbed oil sands surface mineable area equalled roughly 895 km² in 2013, accounting for less than 1% of the total oil sands area. [6]
- This makes up about 0.2% of Alberta’s boreal forest, which covers over 381,000 km². [6]
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Reference
- europa – https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Oil_and_petroleum_products_-_a_statistical_overview&oldid=315177.
- bp – https://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy.html.
- eia – https://www.eia.gov/outlooks/steo/report/global_oil.php.
- enerdata – https://yearbook.enerdata.net/crude-oil/world-production-statistics.html.
- worldometers – https://www.worldometers.info/oil/us-oil/.
- usda – https://www.ers.usda.gov/topics/crops/soybeans-oil-crops/related-data-statistics/.
- alberta – https://www.alberta.ca/oil-sands-facts-and-statistics.aspx.
How Useful is Oil Production
One of the primary criticisms of oil production is its environmental impact. The burning of fossil fuels, including oil, releases greenhouse gases into the atmosphere, contributing to climate change and global warming. The extraction of oil can also lead to deforestation, habitat destruction, and pollution of air, water, and soil. Oil spills further illustrate the environmental risks associated with oil production, causing devastating harm to ecosystems, wildlife, and communities. While efforts are being made to reduce the environmental impact of oil production through regulations, technology advancements, and renewable energy alternatives, the overall impact remains significant.
In addition to its environmental consequences, oil production can also have adverse social impacts. Oil-rich regions often experience social unrest, conflict, and human rights abuses as a result of oil extraction. Local communities may suffer from land displacement, loss of livelihoods, and health problems due to pollution and exposure to harmful chemicals. The revenue generated from oil production may not always benefit those most affected by its impacts, leading to disparities in wealth, power, and access to resources. The dependency on oil also exposes countries to economic volatility, with fluctuations in oil prices creating uncertainty and instability in global markets.
Despite these challenges, it is undeniable that oil production plays a crucial role in meeting the energy needs of societies around the world. Oil remains a cornerstone of the global energy mix, providing a reliable and readily available source of power. It powers vehicles, machinery, and infrastructure, enabling transportation, communication, and commerce on a massive scale. Oil-derived products also play a vital role in modern life, with plastics, chemicals, and pharmaceuticals among the many items that rely on oil as a raw material.
Furthermore, the economic significance of oil production cannot be overstated. The oil industry creates jobs, stimulates investment, and generates revenue for governments and businesses. It drives innovation, research, and development in energy technologies, contributing to economic growth and competitiveness in a global marketplace. Oil-producing countries often rely on oil exports as a primary source of revenue, supporting their economies and funding essential services such as education, healthcare, and infrastructure development.
In conclusion, while oil production is undeniably useful in meeting the energy, economic, and technological needs of modern society, it comes at a significant cost to the environment, society, and economy. The trade-offs associated with oil production must be carefully considered and managed to ensure a sustainable and equitable future. As we strive towards a more sustainable and resilient energy system, it is essential to explore alternative sources of energy, promote conservation and efficiency, and transition towards a low-carbon and renewable energy future. Only by addressing the challenges and opportunities of oil production can we create a more sustainable and prosperous world for future generations.
In Conclusion
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