10 World’s Biggest Crude Oil Producers– Based on the Data of World Mining Data in 2021, there are 10 World’s Biggest Crude Oil Producers in 2019. This data was published by International Organizing Committee for The World Mining Congresses. Oil is an indispensable commodity or primary good for humans. Its function has been involved in many aspects of human life. Historically, after the industrial revolution, the need for oil burst, and many people or stakeholders try to find oil resources. Nowadays, many of us can see million of oil mining areas in many countries.
Statistically, for more than 2 decades, crude oil still has a pivotal role as an economic driver in the world. In 2019, based on the data of World Mining Data from the International Organizing Committee for The World Mining Congresses. The production of crude oil in 1999 was just 3.4 billion tons. Gradually, its production increased from time to time and in 2019, the production reached 4.3 billion tons. All people still seed this commodity. It is impossible for a human to increase their quality of life without the availability of oil. Some countries with huge natural resources of oil can explore the oil from the earth. Furthermore, they can process used for some derivative products, namely asphalt, gasoline, kerosene, aviation fuel, and many more. Therefore, in this era, oil and human are inseparable. Humans need oil to help their life
Based on the Data of World Mining Data in 2021, International Organizing Committee for The World Mining Congresses, there are 10 World’s Biggest Crude Oil Producers in 2019. Here is the rank of 10 World’s Biggest Producers of Crude Oil in 2019.
The Rank 10 World’s Biggest Producer of Crude Oil
|Production of Crude oil in 2019
|The United States of America
|United Arab Emirates
|Source : World Data Mining, 2021
Brief Description of 10 World’s Biggest Producer of Crude Oil
1.The United States of America
The United States of America become the biggest producer of crude oil in 2019. Based on the World Mining Data, the production of crude oil reached 806 million tons. in this Country, now petroleum is produced thirty-one states. Of these states, there are main states of oil production. these states are Texas, Alaska, California, Louisiana, and Oklahoma. In this USA also, there are some biggest companies of an oil producer. Their exploration area is diverse not only in the domestic area but also in a foreign country. Some of these companies are Phillips 66, Marathon Petroleum, Chevron, and Exxon Mobil.
Russia is the second biggest producer of crude oil in 2019. Based on the World Mining Data, the production of crude oil reached 560 million tons. In this country, there are several regions of Russia that have the biggest production of Oil. West Siberia, Volga-Urals, Timano-Pechora, Eastern Siberia are among them. In this country, also, there are some biggest companies in exploitation and production of Oil. These companies are Rosneft, Lukoil, Gazprom are some of the biggest oil companies from Russia.
Saudi Arabia become the third-biggest producer of crude oil in 2019. Based on the World Mining Data, the production of King Salman’s country reaches 556 million tons. in Saudi Arabia, there is a Ghawar oil field located in Al-Ahsa Governorate, Eastern Province owned by Saudi Aramco. Major production of Oil from Saudi Arabia comes from the Ghawar field. In Saudi Arabia, Saudi Aramco still became the major company in Oil and this company is the biggest oil company in the world based on Fortune Magazine with a net income of more than 30 billion US Dollars in 2019.
Canada is the fourth biggest producer of crude oil in 2019. Based on the World Mining Data, the production of crude oil in this country reached 235 million tons. In quantity, the production of Canada’s Oil comes from Alberta, Saskatchewan, Newfoundland, and Labrador. Based on the companies’ indicators, there are some major players in the exploration and production of oil. these companies are TC Energy Corp, Gibson Energy Inc, Suncor Energy Inc, Enbridge Inc, and others.
Iraq is still one of the biggest countries of crude oil producers in 2019. Based on the World Mining Data, the production of crude oil in Iraq reaches 234 million tons. Based on geographical area, there are some cities in Iraq with the biggest oil reserves. These cities are Basra, Kirkuk, Baghdad, Ramadi, and Ba’aj. Some of the foreign company has exploration site for oil in Iraq. some of them that involve in the exploration of oil in Iraq are BP, China National Offshore Oil Corporation (CNOOC), China National Petroleum Corporation (CNPC), and others.
China is the sixth biggest country of crude oil producer in 2019. Based on the World Mining Data, the production of crude oil in China reached 191 million tons. Some oil field exploration areas are located in the South China Sea, Shengli, Shandong, Dagang, and Tianjin. Based on China’s oil company, some of the national oil companies in China are involved in the exploration activities. These companies are China National Offshore Oil Corporation, China National Petroleum Corporation, China National Refinery Corp, and Sinopec.
7.United Arab Emirates
The United Arab Emirates is the seventh biggest crude oil producer in 2019. Based on the World Mining Data, the production of crude oil reached 180 million tons. in this country, most of the oil reserves are in the Zakum field. Some of the big companies involved in oil exploration in U.E.A are Abu Dhabi National Oil Company (Adnoc), Abu Dhabi National Energy Company (Taqa), Emirates National Oil Company (Enoc), Emdad Services Llc, Emarat, And Dubai Petroleum Establishment.
Iran is the eighth biggest crude oil producer in 2019. Based on the World Mining Data, the production of crude oil reached 160 million tons. Based on the exploration of oil sites, there is some field that has a primary contribution to domestic production. These sites are Ahvaz Field, Marun Field, Aghajari Field, and Gachsaran Field. Based on the share market of exploration, National Iranian Oil Co (NIOC) is the main player of exploration oil companies in Iran.
Brazil is the ninth biggest crude oil producer in 2019. Based on the World Mining Data, the production of crude oil reached 143 million tons. Exxon, Shell, Equinor, Petrobras are some companies that explore oil in Brazil. the Santos Basin is one of the main areas that has the biggest production of oil in Brazil.
Kuwait is the 10th biggest crude oil producer in 2019. Based on the World Mining Data, the production of Kuwait’s crude oil reached 133 million tons. Burgan field in south-eastern Kuwait become the biggest area of oil production in Kuwait. Kuwait Petroleum Corporation (KPC) takes to control of the exploration of oil in this country.
Bibliograhy of 10 World’s Biggest Producer of Crude Oil
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Carperter, J.W. 2015. The 5 Biggest Russian Oil Companies. accessed via https://www.investopedia.com/articles/markets/100515/5-biggest-russian-oil-companies.asp on January 20th, 2022.
Statista. 2018.Oil and gas production distribution in Russia in 2018, by oil and gas province Accessed via https://www.statista.com/statistics/1023673/russia-oil-and-gas-production-share-by-region/ on January 21th, 2022.