Global demand for liquefied natural gas will see a robust rise in the next few years, while gas will likely see a more ...
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The implications of China hitting peak oil are enormous. If Chinese demand is reaching a plateau that would fulfil projections by the IEA of global oil demand peaking before 2030. The forecast ...
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Douglas McIntyre discusses data suggesting China may have reached peak oil—years ahead of previous predictions. This shift ...
Report by US think tank National Center for Energy Analytics criticised IEA over what it said was organisation’s ...
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In December, Sinopec, China’s biggest refiner, brought forward its forecast for crude oil consumption to reach a peak to 2027, compared with the range it previously gave of between 2026 and 2030.
Data from the Commission also indicated that daily peak oil production in December 2024 was 1.79 million bpd while the lowest daily production was 1.57million bpd. Cumulatively, oil output in ...