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So no more peak oil oil industry no longer talks about running out of oil thanks to companies like Schlumberger for foreseeable future, there are practically unlimited quantities of oil. According to BP Statistical Review of World Energy 2020, the Voice total proven oil resources are estimated to be around 173,000,000,000,000 barrels at the end of 2019. However, this number is likely to rise because of the world has yet to because most of the world is yet to be explored using the latest technologies
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