Top Countries: Oil Reserves
* in billions of barrels
#1 - Saudi Arabia - 264
Saudi Arabia is the largest exporter of petroleum in the world, maintains low production costs when comparable to other countries, and plays a leading role in OPEC (The Organization of the Petroleum Exporting Countries; an international organization made up of eleven petroleum producing nations).
#2 - Canada - 179
Alberta's Athabasca Oil Sands Project puts Canada in the second spot on this top ten list of proven oil reserves. Current surface mining techniques and in-situ methods to extract bitumen from the oil sands make for an overwhelmingly positive future for Canada's oilfield industry.
Read the full article:
http://www.oil-net.com/top_ten_reserves.htm
#1 - Saudi Arabia - 264
Saudi Arabia is the largest exporter of petroleum in the world, maintains low production costs when comparable to other countries, and plays a leading role in OPEC (The Organization of the Petroleum Exporting Countries; an international organization made up of eleven petroleum producing nations).
#2 - Canada - 179
Alberta's Athabasca Oil Sands Project puts Canada in the second spot on this top ten list of proven oil reserves. Current surface mining techniques and in-situ methods to extract bitumen from the oil sands make for an overwhelmingly positive future for Canada's oilfield industry.
Read the full article:
http://www.oil-net.com/top_ten_reserves.htm
posted by Oil-Net.Com Inc. at 2:09 PM
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