BP: world oil reserve to sustain 41 years of production at current rates

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