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 ...
It is lashing out at the world’s leading energy organization for saying oil and gas use could start declining as the world pivots to cleaner alternatives. By Somini Sengupta and Brad Plumer Year after ...
Many groups, including the International Energy Agency, predict that the world’s peak oil production is close, and global oil demand will drop starting in the next decade as more renewables come ...
Crude futures rose Friday with help of a recovery in U.S. stocks, ending a week of ups and downs inflicted by exchanges over tariffs between the U.S. and Canada, and between the U.S. and European ...
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” ...
In its World Oil Outlook 2050 report published Thursday, the Organization of the Petroleum Exporting Countriues left its forecasts for 2025 global oil demand growth unchanged at 105 million barrels ...
SINGAPORE, Sept 8 (Reuters) - China's total oil demand including all products is set to peak in 2027, with a rise of about 100,000 barrels per day this year driven by increased volumes from the ...
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