so peak oil necessarily meant dire consequences. Books were written on the concept. In 2005 the late Matt Simmons published Twilight in the Desert, in which he argued that oil production in Saudi ...

Peak oil has been often predicted to occur within ... According to this view, the model is based on the concept of Energy Return for Energy Invested (EROEI). Oil is a form of energy, but ...

Robert Rapier is a chemical engineer covering the energy sector. The notion that demand for crude oil will soon peak has largely replaced the idea from a decade ago that crude oil production was ...

Crude oil still plays a huge role in our lives — as a fuel, in heating and in industry. But it's a finite resource. When will production peak? And what if supplies run dry? Greg Gumbel ...

Douglas McIntyre discusses data suggesting China may have reached peak oil—years ahead of previous predictions. This shift ...

But there are now signs that China’s thirst for crude is reaching a peak sooner than expected, a development that has sent shockwaves through the oil market. This week, China said its oil ...

The global peak in oil production was reached in November 2018 at 84.6 mb/d. As of September 2024, global oil production has decreased by nearly 4 mb/d to 80.8 mb/d. The total liquids supply is ...

CALGARY (Alberta): The CEOs of top Saudi Arabian and US oil producers Aramco and Exxon Mobil have pushed back forecasts of peak oil demand, and say the energy transition would require continuing ...