BP’s own projections imply oil demand adding up to somewhere in the region of 750 billion barrels through 2040. That is less than half the world’s proved reserves today. In all likelihood, most of Venezuela’s oil wealth will remain underground and, thereby, enrich nobody. Oil reserves at the end of 2018 totalled 1730 billion barrels, up 2 billion barrels with respect to 2017. The global R/P ratio shows that oil reserves in 2018 accounted for 50 years of current production. Regionally, South & Central America has the highest R/P ratio (136 years) while Europe has the lowest (11 years). This compares with the 10-year average of 1.7% per year. • By fuel, natural gas accounted for the largest increment in energy consumption, followed by renewables and then oil. • Energy consumption rose by 3.1% in China. China was the largest growth market for energy for the 17th consecutive year.

This compares with the 10-year average of 1.7% per year. • By fuel, natural gas accounted for the largest increment in energy consumption, followed by renewables and then oil. • Energy consumption rose by 3.1% in China. China was the largest growth market for energy for the 17th consecutive year. Knoema is the most comprehensive source of global decision-making data in the world. Our tools allow individuals and organizations to discover, visualize, model, and present their data and the world’s data to facilitate better decisions and better outcomes. According to the latest BP Statistical Review of World Energy, total global reserves, by fossil fuel, are now: Coal - 1,139 billion tonnes. Natural Gas - 187 trillion cubic meters. Crude Oil - 1,707 billion barrels This is a list of countries by natural gas proven reserves based on The World Factbook (when no citation is given). or other authoritative third-party sources (as cited). Based on data from BP, at the end of 2009, proved gas reserves were dominated by three countries: Iran, Russia, and Qatar, which together held nearly half the world's proven reserves.

A look at regional supply of – and demand for – oil and gas the world over. Based on the latest BP Statistical Review of World Energy, published in June 2019, 

A map of world oil reserves according to OPEC, January 2014. This is a list of countries by proven oil reserves. Proven reserves are those quantities of Different estimates may or may not include oil shale, mined oil sands or natural gas liquids. OPEC (end of 2017), BP (end of 2015), Other, Reserves-to- production ratio. Additional data for refined oil production demand, natural gas, coal, hydroelectricity, nuclear energy and renewables. > PDF versions and PowerPoint slide  Global natural gas production increased by 190 bcm, or 5.2%. Almost half of this came from the US (86 bcm), which (as with oil production) recorded the largest  The global R/P ratio shows that oil reserves in 2018 accounted for 50 years of World Oil, Oil & Gas Journal and independent estimates of Chinese reserves 

In the Statistical Review of World Energy, the Middle East accounts for one-third of global oil production, one-sixth of gas production, 48% of proved oil reserves 

A look at regional supply of – and demand for – oil and gas the world over. Based on the latest BP Statistical Review of World Energy, published in June 2019, 

Oil reserves at the end of 2018 totalled 1730 billion barrels, up 2 billion barrels with respect to 2017. The global R/P ratio shows that oil reserves in 2018 accounted for 50 years of current production. Regionally, South & Central America has the highest R/P ratio (136 years) while Europe has the lowest (11 years).

This is a list of countries by recoverable shale gas based on data collected by the Energy Information Administration agency of the United States Department of Energy. Numbers for the estimated amount of recoverable shale gas resources are provided alongside numbers for proven natural gas reserves.. Nations Timis’ business moves in Senegal were a bold play for a piece of one of Africa’s greatest remaining natural resources: the Greater Tortue oil and gas complex. The sprawling reserves in the Atlantic Ocean off Senegal and Mauritania are estimated to contain as much as 50 trillion cubic feet of natural gas and a billion barrels of oil. The fields comprised perhaps the largest hydrocarbon discovery in 2017.

In the Statistical Review of World Energy, the Middle East accounts for one-third of global oil production, one-sixth of gas production, 48% of proved oil reserves 

Jun 12, 2019 Iran accounted for five percent of total world oil production in 2018, the world's proven crude oil resources and 16.2 percent of the global gas  Feb 13, 2014 For natural gas, we averaged BP's 2013 prices for Japan, United States and For coal, we used the World Bank's 2013 trading price for Australian coal, Crude oil production has stagnated in recent years and natural gas  Jun 23, 2007 BP agreed to sell one of the world's largest natural gas fields, the latest venture accounts for a quarter of the BP's worldwide oil production. Dec 31, 2008 The Global oil and gas reserves study is a compilation and analysis of certain oil and gas reserve BP accounted for 384.0 million barrels, with. Jun 9, 2016 The substantial decline in the value of crude oil at the end of 2014 had very little impact on the amount of proved oil reserves in the world, BP  NGLs reserves may or may not be included. Source Oil and Gas Journal with NGL reserves for North America ex BP Statistical. Review of World energy.

Global natural gas production increased by 190 bcm, or 5.2%. Almost half of this came from the US (86 bcm), which (as with oil production) recorded the largest  The global R/P ratio shows that oil reserves in 2018 accounted for 50 years of World Oil, Oil & Gas Journal and independent estimates of Chinese reserves  Reserves include gas condensate and natural gas liquids (NGLs) as well as crude oil. Saudi Arabia's oil reserves include NGLs from 2017. Shares of total and  Jun 13, 2018 Additional data for refined oil production demand, natural gas, coal, hydroelectricity, nuclear energy and renewables. • PDF versions and  Even taken together, proved, probable and possible reserves are only a proportion of oil in place since it is impossible to recover all of the oil and gas present in a  US oil and gas consumption and production growth accelerated in 2018 at a record pace solidifying the US as the world's largest oil and gas producer. 1. In the Statistical Review of World Energy, the Middle East accounts for one-third of global oil production, one-sixth of gas production, 48% of proved oil reserves