Oil and natural gas demand will remain strong due to AI data centers: The massive energy requirements of AI server farms mean renewables won’t ramp up fast enough, keeping oil and natural gas in high ...
Climate change shifted the oil production debate from scarcity to demand. But without delivering on ambitious green pledges, one expert predicts production may peak within two years, forcing a chaotic ...
Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. The IEA reversed its earlier 2030 ...
Oil and gas demand could continue to grow until the middle of the century, according to a new International Energy Agency scenario that shifts away from previous expectations of so-called peak oil ...
Typically, in an oil-producing region, extraction starts slow, builds up to a peak as more wells are drilled, and then declines as the cost of accessing what’s left inevitably rises. Drillers ...
The World’s July oil production increased by 428 kb/d to 84,726 kb/d, a new World Peak Oil All-Time High. For December 2026, production is projected to be 85,665 b/d, an upward revision of 135 kb/d ...
Crude oil will continue to be in demand for a very long time yet, the chief executive of Chevron, Mike Wirth, told the New York Times in an interview. Asked about his take on International Energy ...
LONDON, Nov 12 (Reuters) - Global oil and gas demand could grow until 2050, the International Energy Agency said on Wednesday, departing from previous expectations of a speedy transition to cleaner ...
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