10 years after the oil price spike: Is peak oil a process rather than a moment?
Rather than invalidating the ‘peak oil’ theory, the investor-subsidized U.S. shale oil boom might have been little more than a dangerous detour.
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Rather than invalidating the ‘peak oil’ theory, the investor-subsidized U.S. shale oil boom might have been little more than a dangerous detour.
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OPEC does not want oil prices to reach levels that would make the U.S. shale oil industry cash flow positive.
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Some key insights into the world’s energy use and its evolutions, based on BP’s recently published annual statistical review.
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The world’s consumption of fossil fuels continues to grow faster than that of renewable energy, data from BP’s Statistical Review of World Energy 2018 shows.
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Following a bumpy 6-year long plateau, oil production in Asia Pacific seems to have entered a phase of decline.
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The world has made no progress towards decarbonizing its electricity sector over the last three decades.
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New research outlines how energy resource depletion and declining energy return on investment (EROI) may affect prosperity.
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A report on the world’s oil depletion problem published several years ago by an obscure association of anonymous consulting engineers and professional project managers is suddenly coming under fierce criticism.
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Low oil prices and stricter environmental regulations are pushing energy companies and resource-rich governments to confront the possibility that some fossil-fuel resources will remain in the ground indefinitely. Once considered a safe bet, Canada’s oil sands look like a prime candidate for possible abandonment.
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Energy consumption in the European Union (EU) is below its 1990 level, but EU dependency on fossil fuel imports is on the rise, the EU’s statistical arm Eurostat announced last week.
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