Primary energy demand is forecast to rise by 24 per cent between now and 2050, he said, surpassing 120 million barrels of oil ...

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 ...

(Bloomberg) -- China’s oil demand will stop growing earlier than expected, reinforcing the outlook for a global peak and prolonged supply surplus this decade, the International Energy Agency ...

Oil demand will peak at 105.6 million barrels per day (bpd) by 2029 and then fall slightly in 2030, a table in the Paris-based IEA’s annual report shows.

As for peak oil, Guilbeault was also very likely wrong. For years, activists have claimed that the highest volumes of oil consumption were just over the horizon, only to be proven wrong time and ...

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 ...

I really think I’ve been hearing about ‘peak oil’ for the past 30 years or so. Really . As for shale: to repeat, it’s basically the rinsing of the bowl.

Senate Majority Whip John Barrasso is leading an effort to pressure the International Energy Agency to reverse its prediction that the world could soon reach “peak oil.” The Paris-based IEA is ...

Oil demand in China, the world’s top crude importer, could peak as early as next year as the penetration of electric vehicles and LNG trucks is accelerating, state-owned China National Petroleum ...

In the aftermath of the Iranian attack on Israel last week, petroleum analysts told ABC News that the resulting spike ... Reuters Despite its recent uptick, the price of oil has also fallen from a ...

David Blackmon is an energy writer and consultant based in Texas. He spent 40 years in the oil and gas business, where he specialized in public policy and communications.

Recently oil has been on the news, with global demand for the commodity expected to peak by 2029, and subsequently contract. (Reuters) – By HDFC Asset Management Company Limited (HDFC AMC) ...