Oil megaprojects (2014)

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Oil Megaprojects (2014): Quick overview

This article highlights large oil projects that aim to add more than 20,000 barrels per day of new liquid fuel capacity, with first production expected to begin in 2014.

Terminology
- Barrels per day (bpd): the standard unit for oil output. One barrel is about 159 liters.
- Cubic meters per day (m3/d): another way to measure output. 1 m3/d is about 6.289 barrels per day. The threshold of 20,000 bpd is roughly 3,200 m3/d.