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The debate now centers not on if but when peak demand arrives. By at least one oil company's reckoning, it may already be upon us, but in any event, the era of declining oil consumption is in ...
Peak Oil Is Here. Well, Maybe “I think there’s a fairly straightforward path to getting rid of about 50% of oil demand,” Bloomberg Opinion’s David Fickling says on the latest episode of Zero.
The head of the International Energy Agency says oil demand could peak in 2030, but other research has found that fossil fuel exploration is ongoing. IE 11 is not supported. For an optimal ...
DOE Still Disavows Peak Oil Forecast, Despite New Studies By Julia Harte. Newsletters We deliver climate news to your inbox like nobody else. Every day or once a week, our ...
The term "peak oil" used to mean the point when global production would top out, before entirely running out. But as the world begins a shift to renewables, ...
Republicans want IEA to stop predicting ‘peak oil’ By Scott Waldman | 02/13/2025 06:17 AM EST . Promoters of fossil fuels accuse the International Energy Agency of promoting liberal ideas ...
The S&P Global Oil index, which tracks 120 leading international oil producers, is no higher now than it was in 2015. With the exception of a sharp dip during the Covid pandemic, it has flatlined ...
In a J.P Morgan report sent to Rigzone recently, which outlined the company’s oil outlook over 2024 and 2025, the company noted that it doesn’t see peak oil demand on the horizon and added ...
Shale executives at the CERAWeek energy conference this week warned that peak oil may be near, as the top tier of drilling targets is largely exhausted after ~15 years of intensive shale drilling ...
But these firms keep pumping oil and gas more than they did earlier this decade as they expect that oil demand – regardless of a peak – isn’t going anywhere. Big Oil’s Big Pivot ...
A peak in global oil demand is still on the horizon, the International Energy Agency (IEA) said on Tuesday, doubling down on its forecast that demand will plateau by the end of the decade. China ...