Author Archives: Sailesh S Radha

       With the world population having reached approximately seven billion, and continuing to grow about 79 million people each year, most of the growth in the recent years almost exclusively have been taking place in the less developed countries, which include the least developed, in Africa and Asia.[1]  Out of the 48 least… Read More »

  Proved reserves of oil are generally take to be those quantities that geological and engineering information indicates with reasonable certainty can be recovered in the future from known reservoirs under existing economic and operating conditions.    From 1980 to 2011, the world proved reserves grew at an rate of 2.9%:    1.  Reserves in… Read More »