11.06.2015 - Russia Grows Oil and Gas Reserves Faster Than Rivals
Russia added the most oil and gas reserves during the past year while the United States overtook it as the top energy producer, oil company BP said Wednesday in its benchmark annual review of world energy. The BP Statistical Review of World Energy, first published in 1951 and considered an industry handbook, showed Russia added as much as 10 billion barrels of reserves, enough to supply the world for more than 100 days. The review also showed that world oil demand grew by just 843,000 barrels per day last year, the slowest pace in 14 years outside U.S. recessions...............................................Full Article: Source
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