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Vol. 9, No. 26 Week of June 27, 2004
Providing coverage of Alaska and northern Canada's oil and gas industry


BP changes basis for worldwide reserves

With 41 years of known crude reserves, 67 years of natural gas, company says world not running out of energy

Kristen Nelson

Petroleum News Editor-in-Chief

BP’s annual Statistical Review of World Energy is out, and in addition to highlighting major events in energy in 2003, the company has focused on the current interest in reserves, and has revised its numbers in an effort to make the data more timely and accurate. The bottom line, BP economist Mark....

    [additional news subjects in this story]

Numbers as reported by countries

Prices at 20-year highs

Investment drives production

China and Russia: consumption and production ‘twins’

Oil sands added to oil reserves


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