Yahoo! Tech
npub1hrm…j2rr
2025-01-30 10:28:57
Author Public Key
npub1hrmeelmxktje8vy2t6axvt5ae0emvfk4v5hxrvaceky4pfmn8guqkqj2rrPublished at
2025-01-30 10:28:57Event JSON
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"Shell sees 2024 oil and gas reserve replacement ratio at 85%"
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"Shell announced its expected reserve replacement ratio (RRR) for last year, which measures how much oil and gas a company adds to its reserves compared to what it produces. The company expects its RRR to be 85%, indicating it is replacing its reserves at a rate of 85% compared to what it produces. On a three-year basis, Shell's RRR is expected to be 108%. The oil major also announced its 2024 reserves are expected to be about 9.6 billion barrels of oil equivalent."
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