Statistical Review of World Energy 2009

This statistical Report by BP (the multinational energy company) finds that global oil consumption declined by 0.6% in 2008, world natural gas consumption grew by 2.5% and was the fastest growing fuel for the sixth consecutive year, and that world primary energy consumption grew by 1.4% in 2008. Significantly, it found that global proved oil reserves in 2008 fell by 3 billion barrels to 1,258 billion barrels, with an R/P ratio of 42 years. Declines in Russia, Norway, China and other countries offset increases in Vietnam, India and Egypt.