Global oil and gas discoveries reach four-year high, according to Rystad

The world’s oil and gas explorers discovered 12.2 billion barrels of oil equivalent (boe) in 2019, which is the highest volume since 2015, according to energy researcher Rystad Energy.

Rystad reported that 2019 saw 26 discoveries of more than 100 million boe, with offshore regions dominating the list of new oil and gas deposits.

Looking into company rankings, ExxonMobil came…

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