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ENERGY Mapped: The World’s Biggest Oil Discoveries Since 1868.

Oil and gas discoveries excite markets and nations with the prospect of profits, tax revenues, and jobs. However, geological processes did not distribute them equally throughout the Earth’s crust and their mere presence does not guarantee a windfall for whatever nation under which they lie.


Entire economies and nations have been built on the discovery and exploitation of oil and gas, while some nations have misused this wealth─or projected growth just never materialized.


Today’s chart comes to us from research compiled by World Bank economist Jim Cust and Natural Resource Governance Institute economist David Mihalyi and it plots major oil discoveries since 1868.


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The value of investments can go down as well as up. Actual financial returns can be considerably different from any returns anticipated and may be lower than the original investment. If you are an investor or a potential investor and you have any queries relating to any matter contained in this website you should seek advice from an independent financial adviser who will no doubt also confirm that past performance is not necessarily an indicator of future performance.


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