(EnergyAsia, October 27, Tuesday) — The world’s oil and gas reserves fell 0.4% last year despite a 21% surge in exploration and production spending, said oil and gas research firm IHS Herold Inc and upstream corporate advisor Harrison Lovegrove & Co Ltd, a Standard Chartered group company Their joint survey of 232 oil and gas…
MARKETS: World oil and gas reserves down despite record spending in 2008, says consultant
Posted on October 26, 2009 by EnergyAsia