What do you know about the world’s oil producing nations?

Posted on April 21, 2013

1


Big oil

(Swedish below)

The Swedish newspaper Svenska Dagbladet poses 10 questions about oil. You can test your knowledge. The introductory text is “In August, it was announced that a Norwegian oil field is larger than expected and that the oil discovery is the largest in the Norwegian section of the North Sea since the mid 1980s. Test what you know about the World’s oil producing nations:” [To the quiz in Swedish] [English at the end of this blog]

At the same time the BBC reports that,

“Norwegian energy giant Statoil has said it has found “significant” new oil resources in the North Sea. The company estimates the discovery could yield between 40 and 150 million barrels of oil. The find is in the Gullfaks oil field, which has been in production since the 1980s.

“Norway has been looking for more oil deposits in the North Sea and has stepped up exploration in the Arctic. Oeystein Michelsen, executive vice president for Statoil’s development and production in Norway, called the discovery “a result of Statoil’s strategy for revitalisation of the Norwegian continental shelf.” ”

If one considers that the world consumes 85 million barrels of oil per day then this is a limited discovery but of course it is good for Statoil. The fact that the oil company is trying to find more and more oil leads me to link to a page in the Guardian newspaper on carbon dioxide:

“Countries most exposed to the carbon bubble – map

“This interactive map reveals which nations’ stock exchanges are most exposed to the ‘carbon bubble’ – the theory that oil, coal and gas reserves held by fossil fuel companies are massively overvalued since climate change policy will make these reserves impossible to exploit and therefore ultimately worthless.”

Listen and ponder [in English].

Quiz in English (not translated by Michael):

Question 1 of 10
Saudi Arabia is known to produce a lot of oil, but is actually not the country in the world that produces the most oil. Which country produces the most?
• Russia
• China
• U.S.

Question 2 of 10
Which country in Africa exports most oil?
• Angola
• Nigeria
• Libya

Question 3 of 10
Which of the following countries export less oil?
• Russia
• Iran
• United States

Question 4 of 10
The Swedish oil company Lundin Petroleum has received much criticism for their involvement in one of the following African countries. Which?
• Sudan
• South Africa
• Somalia

Question 5 of 10
OPEC, the Organization of Petroleum Exporting Countries, a cartel consisting of twelve countries. Where has the organization its headquarters?
• Geneva
• Prague
• Vienna

Question 6 of 10
Which of the following nations is NOT an oil-producing country in OPEC?
• Mexico
• Venezuela
• Ecuador

Question 7 of 10
Oil is sold in barrels. How many liters is a barrel?
• 121 liters
• 144 liters
• 159 liters

Question 8 of 10
Unlike Norway, Sweden has not found much oil. Sweden has found about half a million barrels of oil. Where was it?
• Outside Karlskrona
• Outside of Gotland
• Outside Lysekil

Question 9 of 10
March 24, 1989 an oil tanker ran aground off the coast of Alaska and caused a huge oil spill. What was the ship that ran aground?
• Deepwater Horizon
• Prestige
• Exxon Valdez

Question 10 of 10
Who consumes the most oil in a year?
• China
• Europé
• United States

The right answers in the Swedish newspaper.
[To the quiz in Swedish]

(Swedish)
Svenskadagbladet ställer 10 frågor om olja. Testa dina kunskaper. Den inledande texten är: I augusti meddelades att en norsk oljekälla är större än väntat, och att oljefyndet är det största i den norska delen av Nordsjön sedan mitten av 1980-talet. Testa vad du vet om oljeländerna i världen.

(Till SvD Quiz om olja)

Samtidigt meddelar man att BBC rapporterar att ”Norska Statoil har upptäckt en ”ansenlig” oljefyndighet i Nordsjön. Fyndet, som ligger i Gullfaksfältet, beräknas enligt Statoil kunna generera mellan 40-150 miljoner oljefat. – Upptäckten är ett resultat av Statoils strategi för revitalisering av den norska kontinentalsockeln, säger Öystein Michelsen, vice vd för Statoils utvecklings- och produktionsavdelning.”

Med tanke på att världen konsumerar 85 miljoner fat om dagen är det en begränsad fyndighet, men naturligvis bra för Statoil. Det faktum att oljebolagen försöker att hitta mer och mer olja ger mig anledning att länka till en sida i the Guardian om koldioxid:

Countries most exposed to the carbon bubble – map

“This interactive map reveals which nations’ stock exchanges are most exposed to the ‘carbon bubble’ – the theory that oil, coal and gas reserves held by fossil fuel companies are massively overvalued since climate change policy will make these reserves impossible to exploit and therefore ultimately worthless.”

Lyssna och fundera.

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