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The country's leaders hope to more than double oil sands production by 2025.
Petrobras alone hopes to double oil production to 5.4 billion barrels a day by 2020.
A proposed new terminal in Vancouver, Washington, could double oil traffic on the tracks.
Len Blavatnik (No. 80 among Forbes billionaires) advised the president on how to double oil production in the country.
The proposed pipeline extension would carry roughly 800,000 barrels a day and help enable the Canadian industry to more than double oil sands production by 2030.
But the government is expected to allow prices to rise soon to curb its widening budget deficit.In this section Double, double, oil and trouble Crude measures Reprints Related items Energy: Double, double, oil and troubleMay 29th 2008In theory, rising crude-oil prices should reduce global demand.
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If a one-party parliament, a record grain harvest and the prospect of doubling oil production by 2015 cannot help prevent such price vagaries, what can?
Marathon doubled oil output to more than 30,000 barrels a day since acquiring the assets about three years ago, the company, based in Houston, said yesterday in a statement.
With oil prices expected to remain at elevated levels for several years, the only large oil producer other than Libya with the capability of doubling oil production over the next decade is Iraq.
"The public is asking: What has the nuclear deal accomplished for people's livelihood and for the dignity of Islamic Iran?" Since international economic sanctions were lifted, in January, Iran has increased oil production by a million barrels a day and almost doubled oil exports.
Shell said it would double its oil and gas production in Africa over the same period.
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