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Share this on: Oil industry's oversight agency renamed amid massive reform. New Orleans, Louisiana (CNN) -- The federal agency responsible for overseeing the oil industry has been renamed amid a massive reform effort following the BP oil disaster in the Gulf of Mexico, the Department of the Interior announced Monday.
The companies with the most impressive increases over this time are all state-owned. Saudi Aramco, the worldâs largest producer, increased production from 10.8 million bpd (2004) to 12 million bpd (2014). Rosneft, National Iranian Oil, Petrochina, and Kuwait Petrol Corp all saw sizeable increases. The only company to see a big decrease was also state-owned (Gazprom).