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

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 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 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 ...

The key international agency forecasting energy demand now says the current path will have consumption of oil and gas growing through 2050, as electric-vehicle adoption misses earlier estimates.

The International Energy Agency once projected that oil and gas demand could level off by 2030. Now it’s backing off, sort of. By Brad Plumer Reporting from Belém, Brazil The world’s leading energy ...

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 ...

UPPSALA, Sweden -- Global supplies of crude oil will peak as early as 2010 and then start to decline, ushering in an era of soaring energy prices and economic upheaval -- or so said an international ...

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 ...