venezuela is the world's largest producer of crude oil.
venezuela is the world's largest producer of crude oil.
which country is the world's largest producer of crude oil?
venezuela
in older usage, "naphtha" simply meant crude oil, but this usage is now obsolete in english. it was also used for mineral spirits (also known as "stoddard solvent"), originally the main active ingredient in fels naptha laundry soap. the ukrainian and belarusian word ("nafta"), lithuanian, latvian and estonian "nafta", the russian word нефть ("neft'") and the persian "naft" () mean "crude oil". also, in albania, bosnia and herzegovina, bulgaria, croatia, finland, italy, serbia, slovenia, "nafta" (нафта in cyrillic) is colloquially used to indicate diesel fuel and crude oil. in the czech republic and slovakia, "nafta" was historically used for both diesel fuel and crude oil, but its use for crude oil is now obsolete and it generally indicates diesel fuel. in bulgarian, "nafta" means diesel fuel, while "neft", as well as "petrol" (петрол in cyrillic), means crude oil. in "nafta" is also used in everyday parlance in argentina, paraguay and uruguay to refer to gasoline/petrol. in poland, the word ' means kerosene, as in "lampa naftowa" "paraffin lamp"; crude oil and (colloquially) diesel fuel are called ' "pus". in flemish, the word "naft" is used colloquially for gasoline.
naphtha
due to lack of adequate petroleum reserves, india has to depend mostly on crude oil imports in near future till its renewable energy resources such as solar, wind, hydro and bio-mass are exploited adequately to achieve energy security by replacing the petroleum products consumption which are also major contributors to the air pollution. in such adverse situations, india has to proactively play a major role in global crude oil trade as swing oil producer by using its limited crude oil production base to bring down the high price of crude oil fixed by opec and the multinational crude oil production companies. international crude oil prices vary steeply for a small mismatch between global supply and global demand. to become swing oil producer, india should enhance crude oil extraction rate twice of the normally designed rate for continuous extraction from its developed oil fields and extract crude oil on intermittent basis only when crude oil prices exceed a preset upper ceiling value instead of continuously extracting oil.
oil and gas industry in india