Unlike the International Energy Agency (IEA), which has just doubled down on its forecast of peak oil demand by the end of this decade, Big Oil companies don’t see any peak by 2030.

Unlike the International Energy Agency (IEA), which has just doubled down on its forecast of peak oil demand by the end of this decade, Big Oil companies don’t see any peak by 2030.

The small Western African state earlier this month concluded a round of seismic research that it now hopes would lure ...

Not so long ago, the East Texas oilfield was the largest and most plentiful oil patch in the continental U.S. It sprang to life in 1930-31, and 60 years ago, ...

Russia is increasing foreign-currency sales from the National Wealth Fund to address a growing budget deficit after oil and gas revenues plunged to their lowest level since January 2023. Russia’s ...

Russia intensifies offensives in Donetsk and Sumy as Ukraine faces shortages and seeks US support before ceasefire talks ...

Past conflicts involving oil-producing nations in West Asia have significantly impacted global crude-oil prices. However, the recent ongoing hostility between Israel and Iran has been less significant ...

As of June 1, the fund held 2.8 trillion rubles (about $36.4 billion) in liquid assets, its lowest level since 2019. That figure represents a dramatic decline from the prewar peak of $113.5 ...

The Global South faces numerous energy and power challenges that impact economic development, quality of life, and overall ...

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 ...

The popular co-op climbing game, PEAK, introduces a challenging element: poison. Players face threats from ticks, causing ...

Global oil demand is forecast to rise by 2.5 million bpd from 2024 to 2030, reaching a plateau around 105.5 million bpd by the end of the decade, per the agency’s latest estimates.