Home Business IEA Warns of Rapid Decline in Oil and Gas Reserves

IEA Warns of Rapid Decline in Oil and Gas Reserves

By
Business Editor - Nikhil Bhatt
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71
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The International Energy Agency (IEA) has issued a stark warning that global oil and gas reserves are depleting rapidly. Based on a study of over 15,000 oil and gas fields worldwide, the agency cautioned that without fresh investments, production will decline steadily in the years ahead. Currently, nearly 90% of

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