Word: bbl
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Southern Iraq ? The Shi'ite-dominated south would probably form a government based on Islamic law and modeled on Iran's. It has the lion's share of the country's oil resources Oil Supergiant oil field (5 billion bbl. in reserve) Other oil field Pipeline...
...RICHES Total known oil reserves by province Oil reserves in millions of bbl...
...prices have plunged by almost $20 per bbl. since August--good for drivers but bad for OPEC. So its members, which pump 40% of the world's crude, plan to cut production by 1 million bbl...
...help attract that money, Kazakhstan established a single investment regime for both domestic and foreign investors, and since 1993 over $40 billion in gross direct foreign investment has flowed in. Now Kazakhstan is churning out 1.2 million bbl. of oil a day - and exports 80%. Nazarbayev plans to triple the volume and join the group of 10 leading oil exporters within a decade...
...West in exchange for technology, know-how and money." To help attract that money, Kazakhstan established a single investment regime for both domestic and foreign investors, and since 1993 over $40 billion in gross direct foreign investment has flowed in. Now Kazakhstan is churning out 1.2 million bbl. of oil a day - and exports 80%. Nazarbayev plans to triple the volume and join the group of 10 leading oil exporters within a decade. The results have been phenomenal. Over the last six years Kazakhstan's gdp growth has averaged 10%, and it hit 9.3% in the first six months...