The United States has the world, with more than 20 billion barrels of oil and gas reserves, according to the Energy Information Administration.
The United Kingdom has more than 11 billion barrels.
Russia and Canada have the most oil and natural gas resources in the world with an estimated combined reserves of 5 trillion cubic meters, according the U.S. Geological Survey.
The country with the largest oil fields in the U-S-POPULATION is Mexico with a combined field of 5.6 trillion cubic feet.
Russia has 2.3 trillion cubic foot of oil reserves.
Russia’s President Vladimir Putin is seen at a conference of the Russian Institute of International Affairs, in Moscow, March 24, 2017.
Russia is home for the majority of the world oil reserves, with just 1.5 percent of its total resources in its reserves, and the United States is home of the vast majority of all oil reserves worldwide, with a quarter.
The U.K. has the third largest oil reserves in the oil andgas industry, with 1.3 percent of the country’s reserves, while China has 2 percent of reserves.
Canada has 1.6 percent of total reserves, the U in the second spot, and Russia has a mere 1 percent.
The third spot is occupied by Saudi Arabia with a mere 0.9 percent.
Russia, which is also the world leader in the production of natural gas, has an estimated total of 7.5 trillion cubic meter of gas reserves.
The total natural gas reserves in Russia are estimated at 13 trillion cubic centimeters.
The Russian state-owned energy company Rosneft owns 20 percent of Russia’s natural gas fields, and has a majority stake in the Rosneff subsidiary, Rosnefneft.
Rosnefin also owns 10 percent of ExxonMobil, and 8 percent of Chevron.
The rest of Russia is owned by the state-run energy company, Gazprom.
The combined assets of the two companies are worth more than $150 trillion, according TOEFO.