News

The peak-oil guessing game has proven to be just that, a guess, and all the calls have been wrong so far. And even if the IEA is right and peak oil comes before 2030, there is little doubt that ...
Is peak oil closer than we think? Saudi Aramco reveals a troubling fact about the world’s biggest oil field Eric Reguly European bureau chief Rome Published April 5, 2019 ...
OPEC projects oil demand rising 19% to 123 million bpd by 2050, led by India and Africa. The forecast contrasts sharply with IEA projections of demand peaking by 2030. U.S. withdrawal from the ...
Shale oil production will peak at 10 MBOPD in 2027, up from about 9.69 MBOPD this year, the EIA said in its Annual Energy Outlook, before declining to around 9.33 MBOPD by 2050. The forecasts show ...
(Bloomberg) — Global oil demand won’t peak before the end of this decade because of underwhelming fuel economy standards and slowing adoption of electric vehicles in the US, energy researcher Enverus ...