News

Ghana rsquo;s petroleum upstream sector has long served as a key pillar of public financing, national growth, and ...
Brent crude futures fell 24 cents, or 0.35%, to $68.87 a barrel by 0044 GMT after gaining 3% on Wednesday. U.S. West Texas ...
The popular co-op climbing game, PEAK, introduces a challenging element: poison. Players face threats from ticks, causing ...
Oil production growth is slowing due to natural depletion and rising costs, especially in the Permian Basin, but new federal estimates could offset geological limits.
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.
Major oil and gas companies are confident that global oil demand will plateau rather than sharply decline, leading them to ...
But let’s begin with the basics. “Peak oil” doesn’t mean we are running out of oil. It means that we have hit a maximum level of oil production, and after that point, production begins to decline. The ...
But even if oil prices spend much time above the historical upper range of $140 a barrel, the peak in demand will only come sooner than they forecast. “If prices rise above their current levels for an ...
Among the ideas that once prevailed and then faded: First: The limited quantities of extractable oil, implying that oil is on the path to depletion, with a specific year often cited for when that ...
Back then, depletion ruled—80% of easy oil was gone. Today, shale’s a different beast. “We’ve got plenty of supply,” he counters, nodding to EIA forecasts showing Permian growth and a “peak plateau” ...
As President Trump is set to take office over the next four years with promises of expanded oil drilling and lower energy prices, Adam Rozencwajg, managing partner at Goehring and Rozencwajg, says ...