History Of The Venezuelan Oil Industry
Venezuela is the fifth largest oil exporting country in the world with the largest reserves of heavy crude oil at an estimated 99.4 billion barrels (1.580×1010 m3) as of 2010. Venezuela is the second largest reserves of light and heavy crude oil in the western hemisphere. In 2008, crude oil production in Venezuela was the tenth-highest in the world at 2,394,020 barrels per day (380,619 m3/d) and was also the eighth-largest net oil exporter in the world.
Read more about History Of The Venezuelan Oil Industry: Pre-discovery Years - 1907, 1908-1940 – The Birth of The Venezuelan Oil Industry, 1940-1976 – The Road To Nationalization, 1977-1998 - Years of Decline, 1999-present, Today and The Future
Other articles related to "history of the venezuelan oil industry, oil, venezuelan":
... Today, Venezuela is the fifth largest oil exporting country in the world with the second-largest reserves of heavy crude oil (after Canada) ... significant amounts of capital investment by national oil company PDVSA ... By 2010, Venezuelan production had in fact declined to ~2.25 Mbbl/d (358,000 m3/d) ...
Famous quotes containing the words history of, industry, oil and/or history:
“The history of a soldier’s wound beguiles the pain of it.”
—Laurence Sterne (1713–1768)
“No delusion is greater than the notion that method and industry can make up for lack of mother-wit, either in science or in practical life.”
—Thomas Henry Huxley (1825–95)
“Oh Gull of my childhood,
cry over my window over and over, take me back,
oh harbors of oil and cunners, teach me to laugh
and cry again that way that was the good bargain
of youth....”
—Anne Sexton (1928–1974)
“If you look at history you’ll find that no state has been so plagued by its rulers as when power has fallen into the hands of some dabbler in philosophy or literary addict.”
—Desiderius Erasmus (c. 1466–1536)