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Who Is The World's Top Oil Producer?
Who Is The World's Top Oil Producer?

Yahoo

time05-07-2025

  • Business
  • Yahoo

Who Is The World's Top Oil Producer?

This article was first published on Rigzone here According to the Energy Institute's (EI) latest statistical review of world energy report, which was published recently, the world's top oil producer is the United States. The report showed that the U.S. produced 20.135 million barrels of oil per day in 2024. That represented a 3.6 percent increase year on year and 20.8 percent of the total oil production in 2024, according to the report, which highlighted that U.S. oil production has seen an average yearly growth rate of 5.5 percent from 2014 to 2024. Saudi Arabia was shown in the report to be second biggest oil producer in the world last year, with 10.856 million barrels per day. That figure marked a 3.6 percent drop year on year and 11.2 percent of the world's total, the report outlined. From 2014 to 2024, Saudi Arabia has seen an average yearly oil production decline rate of 0.6 percent, the report pointed out. Russia was ranked third for oil production in the EI report, with 10.752 million barrels per day. That figure represented a 2.9 percent drop year on year and 11.1 percent of the global total for 2024, the report highlighted. From 2014 to 2024, Russia has seen an average yearly oil production decline rate of 0.2 percent, the report showed. Total world oil production came in at 96.890 million barrels per day in 2024, according to the EI's latest report, which showed that this was a year on year increase of 0.6 percent. Total world oil output has increased by a yearly average of 0.9 percent from 2014 to 2024, the report highlighted. The report pointed out that its oil production figures include 'crude oil, shale oil, oil sands, condensates (lease condensate or gas condensates that require further refining), and NGLs (natural gas liquids - ethane, LPG and naphtha separated from the production of natural gas)'. These figures exclude liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas, as well as liquid fuel adjustment factors such as refinery processing gain, the report highlighted. The figures also exclude oil shales/kerogen extracted in solid form, the report revealed. Top Crude Oil and Condensate Producer Take control of your THOUSANDS of Oil & Gas jobs on Search Now >> The EI's latest statistical review of world energy showed that the U.S. was also the world's top producer of crude oil and condensate. According to the report, the U.S. produced 13.194 million barrels per day in 2024. This was a 2.0 percent year on year increase and represented 15.9 percent of the world's total crude oil and condensate production last year, the report outlined. From 2014 to 2024, the U.S. has seen an average yearly growth of 4.2 percent in crude oil and condensate production, the report showed. Russia ranked second for crude oil and condensate production in 2024 in the report, with 10.222 million barrels per day. That figure was 3.1 percent down year on year and represented 12.3 percent of global crude oil and condensate output in 2024, the report showed. From 2014 to 2024, Russia has seen an average yearly drop in crude oil and condensate production of 0.2 percent, according to the report. The EI report outlined that Saudi Arabia ranked third for crude oil and condensate output last year, with 9.203 million barrels per day. That figure marked a 4.2 percent year on year drop and 11.1 percent of global output, according to the report, which showed that the country has seen an average yearly drop of 0.8 percent in crude oil and condensate production from 2014 to 2024. Total world crude oil and condensate production was 82.788 million barrels per day last year, according to the EI's latest report, which showed that this was a year on year decrease of 0.1 percent. Total world crude oil and condensate output has increased by a yearly average of 0.5 percent from 2014 to 2024, the report highlighted. In its report, the EI highlighted that its crude oil and condensate output figures include crude oil, shale/tight oil, oil sands, and lease condensate or gas condensates that require further refining. They exclude liquid fuels from other sources such as biomass and synthetic derivatives of coal and natural gas, the report pointed out. To contact the author, email More From The Leading Energy Platform: Who Is The World's Top Oil Consumer? Executives Reveal Where They Expect WTI Price to Land in Future ADNOC Drilling Wins $800MM Contract for Fracking Services How Has USA Energy Use Changed Since 1776? >> Find the latest oil and gas jobs on << Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Why are humanitarian crises in African countries so ignored?
Why are humanitarian crises in African countries so ignored?

Al Jazeera

time03-06-2025

  • Business
  • Al Jazeera

Why are humanitarian crises in African countries so ignored?

African countries have again topped the list of the world's most ignored crises, with nearly all of the worst-funded humanitarian challenges located in the continent in 2024, according to a new study out this week. Released on Tuesday, the report by the nonprofit Norwegian Refugee Council (NRC) lists Cameroon, Mozambique and a host of other African nations as some of the most burdened by violence and displacement, but also the most invisible to donors. The news comes as the United States, formerly the world's biggest aid provider, massively cut development funding this year. Aid agencies received only half of what they needed in 2024, and experts say further shrinking aid will likely make 2025 even more bleak for people in need. Eight African emergencies were previously ranked as the most ignored in 2023 as well. Millions of people who have been displaced and face food insecurity or lack shelter are receiving little aid because of 'donor fatigue', poor media coverage and little-to-no political resolution, according to the NRC's 2024 Most Neglected Crises report. The report defined countries in crisis as those that host or have more than 200,000 displaced people, and which have been declared to be in severe crisis emergencies. Of 34 countries analysed, the most 'invisible' according to the NRC report were: Cameroon, Ethiopia, Mozambique, Burkina Faso, Mali, Uganda, Iran, Democratic Republic of the Congo, Honduras and Somalia. Aside from funding, there was little progress on effective conflict resolution, disaster prevention and diplomatic engagement in all the affected countries, the report added. In general, aid funding dropped overall in 2024, the NRC noted. 'The shortfall between what was required to meet humanitarian needs in 2024 and what was delivered was a staggering $25 billion, meaning over half of all needs went unmet,' the report stated. 'Donor fatigue' and growing waves of nationalistic policies within traditional donor countries are causing the richest countries to reduce foreign aid funding, experts say. A lack of proximity to emergencies, analysts add, also affects attention. 'Too many crises across the continent remain in the shadows – ignored because they don't make headlines, or because they are not seen as of immediate strategic interest to international partners,' Christelle Hure, NRC's head of advocacy in West and Central Africa, told Al Jazeera. 'Crises that knock on Europe's door – as happened in 2015 [with mass immigration] – tend to receive the greatest media attention, while those far away remain not only out of sight but also out of mind,' Hure said. The West-Central African nation tops the list of the world's most neglected crises in 2024. In the English-speaking northeast and northwest regions of Cameroon, a protracted civil war which began in 2017 is continuing. That year, thousands took to the streets to protest against the appointment of French-speaking judges, and in general, alleged discrimination from the Francophone-majority government. Heavy crackdowns to suppress the protests soon saw armed groups springing up, declaring independence. The government in Yaounde, in turn, declared war. Both the rebels and government forces have targeted civilians. Hundreds have died, and thousands more are displaced internally or have fled to neighbouring Nigeria. 'The violence there is largely ignored because it's not a direct threat to the central government,' Beverly Ochieng, a security analyst with United Kingdom-based intelligence firm Control Risks, told Al Jazeera, adding that little has been done to negotiate peace. 'There was a feeling initially that some of the secessionist leaders were trying to lobby Donald Trump to support their cause but they've just not received any attention.' Meanwhile, in the northern Lake Chad Basin region, also connected to Nigeria, violence by the armed group, Boko Haram, has continued for years, displacing thousands. A US-backed joint force of the Lake Chad Basin countries has largely collapsed since the military governments in Niger and Chad pulled out, leaving Cameroon, Nigeria and Benin. Washington's shrinking of security presence and operations in African nations is likely to further destabilise the arrangement. Cameroon itself hosts refugees fleeing Boko Haram in Nigeria, as well as those from the Central African Republic fleeing fighting between two political groups. Together, some 1.1 million people are internally displaced, and 500,000 are refugees. Despite this, Cameroon's displacement crisis was mentioned in fewer than 30,000 articles in English, Spanish, French and Arabic in 2024, compared with the Ukraine war, which was mentioned in 451,000 articles, according to the NRC. Only 45 percent, or $168m of the $371m required, was raised to fund aid in the various crises, according to the United Nations. The government, too, is under fire for seeming indifference: President Paul Biya, 82, and in power since 1982, is often criticised for spending most of his time away in Switzerland. The aftershocks of the Tigray war in the country's north (2020-2022) merged with new intercommunal fighting in the Oromia and Amhara regions, creating a potent mix of crises which has seen 10 million people pushed out of their homes nationwide, the NRC report noted. The Fano armed group, which claims to represent the interests of the Amhara people, one of Ethiopia's significant ethnic groups, is fighting the federal army, which tried to disarm it after they both fought Tigrayan forces during the war. The Oromo Liberation Group, meanwhile, says it is seeking independence for the Oromo people, Ethiopia's largest ethnic group. Both groups have been met with force by the government in Addis Ababa, which has launched air strikes. Dozens of civilians have died in the fighting. In addition, drought and flooding have compounded food shortages. In the southern Gofa zone, heavy rains caused two landslides on July 21 that killed more than 200 people, the worst such landslides in the country. The Southern African country appears on the list for the first time this year. Political upheaval following hotly contested October elections saw protesters who supported the independent opposition candidate, Venancio Mondlane, shot dead by Mozambican state security. About 400 people died in the violence, according to local media tallies. Separately, ongoing attacks by an armed group with affiliations to ISIL (ISIS-Mozambique) in northern, oil-rich Cabo Delgado flared up in 2024. Violence has continued there since 2022 and has seen thousands displaced, while also disrupting a billion-dollar oil and gas investment project. Government forces working with regional troops from the Southern African Development Community (SADC) and Rwandan soldiers were able to push the fighters back in 2023, allowing many displaced people to return. However, because the fighters are deeply embedded in local communities, the conflict has turned volatile again very quickly. Prone to cyclones due to its location in the Indian Ocean, Mozambique was hit by Cyclone Chido, which also devastated the French Indian Ocean territory of Mayotte, in December. The storm made landfall in the northern region of Mozambique, which is facing armed conflict. Some 120 people were killed, and about 155,000 buildings were damaged or destroyed. Since 2015, more than two million people have been displaced in Burkina Faso because of the activities of violent armed groups like the Jama'at Nasr al-Islam wal-Muslimin (JNIM), which wants to create a caliphate. Several of those groups now control close to half of the country, despite efforts by the military-led government to push them back with support from Russian forces. The rebels have held civilians suspected of supporting government forces under siege for more than two years, blocking entries and exits to now nearly 40 towns and cities. Massacres of villagers, however, have been blamed on both armed groups and government forces who are accused of attacking civilians perceived to be aiding the fighters. Neighbouring Mali is ranked fourth on the neglected crises list and faces a similar situation. Analyst Ochieng attributes shrinking aid to the three military-led countries of the West African Sahel, including Niger, partly to the hostile stances towards Western powers of the leaders there. All three have cut off Western allies which previously provided both military and humanitarian aid, particularly France. Their hostility has extended to humanitarian groups, sometimes perceived as being tied to Western nations, further limiting aid. 'These military leaders are focused on economic development and they don't even want to be seen as not being able to provide for their people … that makes it very difficult for any donors to approach them to provide help, or even for aid agencies to assess what the actual needs are,' Ochieng said. US President Donald Trump's sweeping aid cuts after he took office in January, and his decision to dismantle the United States Agency for International Development (USAID), the agency that distributes it, have prompted fears that humanitarian emergencies could worsen in 2025. As the world's biggest aid donor, the US distributed about $70bn in foreign aid yearly, particularly for healthcare. In 2024, the most aid went to Ethiopia, Jordan, DRC, Somalia, Yemen, Afghanistan, Nigeria, South Sudan and Syria. With those funds either reduced or halted altogether, aid workers worry that emergencies on the African continent could worsen. Other major donors are also making cuts, observers warn. In February, the UK cut foreign aid by 0.2 percent, while the Netherlands will slash 2.4 billion euros ($2.72bn) in aid from 2027. France, Germany, Belgium, Switzerland and Sweden have all announced reductions to their aid budgets since. Hule of the NRC said the African Union (AU) must take the lead in resolving the continent's multiple crises through political negotiations. The bloc's Peace and Security Council, tasked with anticipating and mitigating conflict, has previously been criticised as being too slow to act. 'What is urgently needed today isn't just more funding – it's clear political commitment, not only from donors but crucially from the African Union and its member states,' Hule said. Countries, she added, also need to reduce administrative and regulatory barriers that hamper aid workers. 'Easing these constraints, in close collaboration with authorities and the African Union, would greatly enhance the efficiency and impact of our collective response,' she added.

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