Category: Peak Oil

A year ago, if anyone in the petroleum business had suggested that the moment of Peak Oil  had already passed, they would have been laughed right off the drilling rig. Then Continue Reading

If I had of said to most of you reading this a year ago that 2020 would see negative oil prices , the world economy collapse and record highs in Continue Reading

A year ago, if anyone in the petroleum business had suggested that the moment of Peak Oil had already passed, they would have been laughed right off the drilling rig. Continue Reading

Do you remember peak oil? It was all the rage a decade ago. Now, almost no one is talking about it. The funny thing is, the problem never went away. Continue Reading

This month marks a historic but largely forgotten moment in the history of the oil sector, and something that is unlikely to ever be repeated if forecasts for the demise Continue Reading

 Global oil demand is forecast to peak by around 2040 because transport-fuel demand will decline steeply and economic growth will slow in the post-coronavirus world, the Institute of Energy Economics, Continue Reading

In today’s IEA’s annual World Energy Outlook 2020 report, the OECD energy watchdog states that it doesn’t see a peak oil demand before 2040, only a possible oil demand flattening. Continue Reading

Last month, the world’s 4 th largest oil company—BP— predicted that the world will never again consume as much petroleum as it did last year. So, have we finally hit Continue Reading

French energy giant Total SE (formerly Total S.A.) spread more doom and gloom into the oil markets today, foretelling of the oil industry’s ultimate horror—peak oil demand. In its Energy Continue Reading

The world has already passed “peak oil” demand, according to Carbon Brief analysis of the latest energy outlook from oil major BP. The 2020 edition of the annual outlook reveals Continue Reading