|
OPEC Revenues Fact Sheet
(Last Updated: March 2009)
|
|
This report includes estimates of OPEC net oil export revenues, based on projections from the latest EIA Short Term Energy Outlook.
|
|
Current Monthly Energy Chronology
(Last Updated: March 2009)
|
|
Timeline of important energy market events in each month of 2009.
|
|
India
(Last Updated: March 2009)
|
|
India boasts a growing economy, and is increasingly a significant consumer of oil and other energy resources.
|
|
Greece
(Last Updated: February 2009)
|
|
Greece is an important potential transit site for energy exports from the Caspian/Caucasus regions, with limited energy reserves of its own.
|
|
Colombia
(Last Updated: February 2009)
|
|
Colombia is an important petroleum and coal producer, although political unrest and stagnant reserves have led to decreased exports in recent years. Colombia aims to boost hydrocarbon exploration to preserve its status as a net oil exporter in the longer term.
|
|
Iran
(Last Updated: February 2009)
|
|
Iran is OPEC's second largest oil producer and holds 10 percent of the world's proven oil reserves. It also has the world's second largest natural gas reserves (after Russia).
|
|
Past Monthly Energy Chronologies
(Last Updated: February 2009)
|
|
Timeline of important energy market events in each month of 1996-2007.
|
|
Interactive World Oil Price Chronology
(Last Updated: January 2009)
|
|
Timeline of important energy market events since 1970.
|
|
Venezuela
(Last Updated: January 2009)
|
|
Venezuela is important to world energy markets because it holds proven oil reserves of about 78 billion barrels, excluding billions of barrels of extra-heavy oil and bitumen. Venezuela consistently ranks as one the top suppliers of U.S. oil imports and is among the top ten crude oil producers in the world.
|
|
Caribbean
(Last Updated: October 2008)
|
|
The Caribbean Sea region plays an important role as a petroleum processing and transshipment area, with several major refineries and independent storage facilities. Furthermore, Trinidad and Tobago is becoming an increasingly significant supplier of liquefied natural gas (LNG) to regional markets and to the United States.
|
|
South Africa
(Last Updated: October 2008)
|
|
A major coal producer and exporter, South Africa also has a highly developed synthetic fuel industry and small reserves of oil.
|
|
Brazil
(Last Updated: October 2008)
|
|
Brazil is the largest country in South America and has experienced rapidly expanding oil, natural gas, and electricity markets in recent years. The country is in the process of recovering from an energy crisis in 2001.
|
|
Japan
(Last Updated: September 2008)
|
|
Japan is the third largest oil consumer in the world behind the United States and China, and the second largest net importer of oil.
|
|
Taiwan
(Last Updated: August 2008)
|
|
Located across the Taiwan Strait from mainland China (80 miles at the closest point), Taiwan is a leading economic and trading center, with one of the busiest ports in the world (Kaohsiung). As Taiwan lacks sufficient domestic energy sources, it is almost totally dependent on energy imports.
|
|
Saudi Arabia
(Last Updated: August 2008)
|
|
Saudi Arabia is the largest oil producer of the Organization of the Petroleum Exporting Countries (OPEC). With approximately one-fifth of the world's proven oil reserves and some of the lowest production costs, Saudi Arabia is expected to remain the world's largest net oil exporter in the near and long-term.
|
|
Philippines
(Last Updated: August 2008)
|
|
The Philippines is a significant world energy consumer despite decreasing oil consumption. The country remains a potential market for foreign energy firms.
|
|
Egypt
(Last Updated: August 2008)
|
|
Egypt is a significant oil producer and a rapidly growing natural gas producer. The Suez Canal and Sumed Pipeline are strategic routes for Persian Gulf oil shipments, making Egypt an important transit corridor.
|
|
Cote d Ivoire
(Last Updated: July 2008)
|
|
Energy will play a major role in Côte d'Ivoire in the coming years resulting from growing oil and natural gas reserves combined with excess electricity and refinery capacity.
|
|
Peru
(Last Updated: June 2008)
|
|
The Camisea natural gas project will likely turn Peru into an important exporter of liquefied natural gas in the near future.
|
|
Sakhalin Island
(Last Updated: May 2008)
|
|
This fact sheet describes the various parts of Sakhalin Island in Russia that are under development for oil and natural gas.
|
|
|
Russia
(Last Updated: May 2008)
|
|
Russia is important to world energy markets because it holds the world's largest natural gas reserves, the second largest coal reserves, and the eighth largest oil reserves. Russia is also the world's largest exporter of natural gas, the second largest oil exporter, and the third largest energy consumer.
|
|
Canada
(Last Updated: May 2008)
|
|
Canada is a net exporter of oil, natural gas, coal, uranium, and hydropower. It is one of the most important sources of U.S. energy imports.
|
|
Ecuador
(Last Updated: April 2008)
|
|
Ecuador is one of Latin America's largest crude oil producers. The country's oil exports have increased significantly in the past few years following the construction of a second crude oil pipeline.
|
|
Syria
(Last Updated: March 2008)
|
|
Syria is the only significant oil producer in the Eastern Mediterranean region, although production has been in decline since the mid-1990s. Syria produces and consumes only modest quantities of energy, it occupies a strategic location in terms of regional security and prospective energy transit routes.
|
|
Bahrain
(Last Updated: March 2008)
|
|
Bahrain's oil sector accounts for about two-thirds of total government revenues.
|
