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Crude oil production

Global crude oil production fell (-6.1%), driven down by the COVID-19 pandemic.

Crude oil production

Global crude oil production fell (-6.1%), driven down by the COVID-19 pandemic.

Breakdown by country (Mt)
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World

Trend over 1990 - 2020 - Mt

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% in total production (2020) - Mtoe

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-8.6%


Strong drop in Russia’s crude oil production in 2020

Global crude oil production fell (-6.1%), driven down by the COVID-19 pandemic.

International oil prices fell by more than a third in 2020 (-35% for the Brent, at US$42/bbl) due to a large drop in global demand caused by the COVID-19 pandemic and lockdown measures. Consequently, the OPEC+ agreed in April 2020 to cut their overall crude oil production by 9.7 mb/d over the 1 May 2020 - 30 June 2020 period (extended to end-July 2020), in bid to reduce the global oversupply and to firm up depressed oil prices. Restrictions were relaxed as of August 2020 (global cut limited to 7.7 mb/d). In 2020, the US crude oil production (17% of global output in 2020) contracted by 3.4%, widening again the gap with Saudi Arabia as the largest crude oil producer, with the US producing 42% more oil than Saudi Arabia in 2020. Overall, oil production fell by -8.8% in the Middle East, including -7% in Saudi Arabia, by 8.6% in Russia, and by 14% in Nigeria. It declined by 4.5% in Canada but grew by 1.6% in China and by 7.1% in Brazil (surging pre-salt production).

Global Energy Trends - 2021 Edition

Consolidated 2020 energy and emissions statistics with 2021 estimates, including COVID-19 impact and structural changes.

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Global Energy & CO2 Data

Need more data? All the information presented in this energy data tool are extracted from Global Energy & CO2 Data service, the most comprehensive and up-to-date database on crude oil, NGL, non-conventional oil and refined oil products: production, trades, reserves, transformation, prices, consumption per sector and indicators.

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10

Sep

According to the Global Wind Energy Council (GWEC), 6.1 GW of offshore wind capacity was installed in 2020 (down from 6.2 GW in 2019), including 3 GW in China, 1.5 GW in the Netherlands, and 0.7 GW in Belgium. More than 35 GW of offshore wind capacity is currently operational, with 29% of the total in the UK, 28% in China and 22% in Germany.

27

Aug

South Africa’s total greenhouse gas emissions excluding FOLU (forestry and other land use) increased by 14% between 2000 and 2017 to 513 MtCO2eq, according to the country’s 7th National Greenhouse Gas (GHG) Inventory Report. The energy sector is the largest contributor to emissions excluding FOLU (80%) and is responsible for 97% of the increase over 2000-2017. Energy industries were responsible for 61% of emissions from the energy sector in 2017. This was followed by transport (13%), other sectors (9%) and manufacturing industries and construction (7%).

12

Aug

According to the Turkish Electricity Transmission Corporation (TEIAŞ), installed wind capacity in Turkey reached the 10 GW threshold in early August 2021. Most of the capacity is located in the Izmir province (1.7 GW), followed by Balıkesir (1,300 MW), Çanakkale (850 MW), Manisa (750 MW), and Istanbul (420 MW). Wind represented 10% of the installed capacity connected to the transmission network (10,010 MW out of 98,800 MW) and over half (51.9 GW) was considered "clean" electricity. In the first half of 2021, wind power accounted for around 9% of the power generation, replacing nearly US$1bn in gas imports.

06

Jul

According to preliminary statistics from the Indian Ministry of Coal, India’s production of non-coking coal and lignite declined by 1.7% in the fiscal year 2020-21 to 708 Mt, including 671 Mt of non-coking coal (-1%) and 37 Mt of lignite (-12%). Of the total output of non-coking coal, 96% was produced the public sector, including 83% by Coal India Limited (CIL). Most of the lignite was extracted by NLC India Limited (53%). The country imported 164 Mt of non-coking coal in 2020-21 (-17%), mainly from Indonesia (56%), South Africa (19%) and Australia (11%).