BP: world oil reserve to sustain 41 years of production at current rates
Date: Tuesday, June 29 @ 11:52:05 PDT
Topic: Geology; Reserves; Oil Fields
The review, which aims to be one important part of the recording, year by year, of the production and consumption of all the main forms of energy on a global basis, also noted that, despite the high prices in the oil and gas markets for 20 years, the energy shortage has not become a global issue, and as a matter of fact, the exploration success and application of technology innovation has led to current reserves that are 70 percent higher than those in 1980.
Xinhuanet - BP Review
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