Proven oil & liquid reserves in 2016 fall for second consecutive year -EIA

14 June 2017, Sweetcrude, Washington, D.C — “Annual reports of 68 publicly traded oil companies indicated that their aggregate proved liquids reserves declined in 2016 for the second consecutive year. The decline in proved reserves was heavily concentrated in a few companies that reduced their estimated reserves from Canadian oil sands projects. Downward revisions of […] More »