Every year and following the publication of the BP Statistical Review, Rystad Energy releases its own assessment to provide an independent, solid and clear comparison of how the world’s energy landscape changed last year. Our 2021 review deals a major blow for the size of the world’s remaining recoverable oil resources – but it also shows that oil production and consumption can align with climate goals.
Rystad Energy now estimates total recoverable oil resources at 1,725 billion barrels, a significant reduction of last year’s…World’s Recoverable Oil Resources Shrinks By 9%
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