Consensus based on 17-model Tier-1 avg: Peak Oil: 96 Mbd in 2024 Post-peak Decline Rate to 2050: 0.8%/yr avg The year 50% of... Skip to content. Home page Seeking Alpha - Power to ...

PetroChina unit ‘has always been actively cooperating with the investigation’, according to a filing to Hong Kong stock exchange; Its subsidiary, PetroChina Fuel Oil, was involved in irregular ...

In this age of climate crisis, the world is consuming more crude than ever. Peak oil demand? Not yet. Maybe one day, perhaps even soon, around 2030. For now, however, the global economy still runs ...

Looking into 4Q20, the US JP Morgan Bank still sees global oil consumption recovering another 2.5 mbd—on holiday travel and continued strength from the industrial and petrochemical sectors—to ...

PetroChina Fuel Oil's irregular trade of imported crude oil totalled 179.5 million tonnes since 2006, which was sold to 115 independent refineries, a probe by a joint investigation team under the ...

General Electric Co <GE.N> said on Monday it would merge its oil and gas business with Baker Hughes Inc <BHI.N>, creating the world's second-largest oilfield services provider as competition heats ...

Brent crude oil prices may rise to $110 a barrel in 2023, up nearly 33 per cent from the current levels, said analysts at Morgan Stanley, in a recent note. This is, however, lower than the peak ...