Oil Reserves - News, Trends, Oil Reserves Links
Investments required to increase oil reserves
According to IEA, the world will need to spend $3 trillion over the next 25 years if anticipated global oil demand is to be met. Most will go not to increasing oil supply but to merely replace output from today's ageing fields
Tags : oil fields oil
Topics : Oil Oil and Gas Finance
Oil reserves in stranger regions
Western firms are now betting their futures on growth in such far-flung frontier regions as the Caspian, West Africa, and the deep waters off Brazil. Their biggest hopes have been pinned on Russia
Topics : Oil Oil and Gas