IEA and Rapidan say oil demand may not peak by 2030, with growth possible to 2050 and a refining bottleneck ahead to spur ...

The idea of peak oil is familiar to most readers. It refers to the point at which global petroleum production reaches its maximum point and begins an irreversible decline. Turning to the United States ...

The International Energy Agency (IEA) is predicting a potential oil glut by decade’s end, reports the Financial Times (FT), a “staggering” surplus possibly amounting to millions of barrels per day. In ...

The looming specter of “peak oil” has been a topic of intense debate for years. While some experts predict a rapid decline in global oil production, others maintain that the world’s energy supply will ...

In 1956, M. King Hubbert, a US geoscientist working for fossil fuel giant Shell, projected — based on statistical modeling of ...

Global demand for oil just keeps growing. It’s only fallen once in the past dozen years — in 2020, at the start of the COVID-19 pandemic. After that, it roared back. But as the world continues to ...

Global oil supply will rise 8 million barrels per day above projected demand, the IEA said. Meanwhile, global demand will plateau and peak before 2030. The massive supply buffer will likely cut into ...

Demand for oil and natural gas continues to grow to 2050 under a scenario based on existing policy and regulations, the energy watchdog said.

It is lashing out at the world’s leading energy organization for saying oil and gas use could start declining as the world pivots to cleaner alternatives. By Somini Sengupta and Brad Plumer Year after ...

On Jan. 7 the Register published part of my essay of about oil depletion and Peak Oil, the prediction from energy resource specialists that by 2010, global oil production will peak and start to ...

The World Oil Supply Report,a new study published by energy analysts Douglas-Westwood is now available. The World Oil Supply Report considers all existing and potential oil producing countries and ...