Global recoverable oil resources to be 'slashed' due to exploration drop

Research firm Rystad Energy forecasts 282 billion barrels set to be left in the ground due to negative impact of Covid-19 pandemic on exploration

On ice: exploration in frontier areas such as the Arctic is being curbed
On ice: exploration in frontier areas such as the Arctic is being curbedPhoto: EXXONMOBIL
Published 18 June 2020, 09:44Updated 23 June 2020, 09:16