Add Yahoo as a preferred source to see more of our stories on Google. The idea of peak oil is familiar to most readers. It refers to the point at which global petroleum production reaches its maximum ...
In 1956, the American geologist M. King Hubbert made a startling prediction: In a matter of decades, the supply of fuel on which so much of modern society depended would dwindle. Dubbed the “peak oil” ...
LONDON, ENGLAND - APRIL 24: Executive Director of the International Energy Agency (IEA) Fatih Birol delivers opening remarks during the Future of Energy Security Summit, hosted by the International ...
The Permian Basin may hit its all-time production high this month, but instead of peaking, it is transitioning into a mature, tech-driven “manufacturing” phase. Fewer rigs are delivering more oil ...
In a sharp shift in tone, the latest outlook from the world’s top energy agency signals that oil demand could keep growing through to 2050. The International Energy Agency had previously estimated a ...