5 important stories you may have missed
These days, it’s hard to stop politics from flooding your news feed. We take a moment every week to bring you important stories beyond the White House and the Capitol. Here’s what we’re reading now.
Will oil demand peak soon? Here is the view from Saudi Arabia
RIYADH: Many of the chief executives of the world’s biggest oil companies see peak in demand for oil looming. This peak may happen, arguably, in only 20 years. However, for Saudi Arabia, the picture is rosier than this.Last week, the Saudi Crown Prince Mohammed bin Salman said during a panel at the Future Investment Initiative forum in Riyadh that he sees demand growing in the years 2030 to 2040.There will be new areas for oil demand in the future from compound industries and new forms of petrochemical industries that will use oil differently from the conventional way.
Developing nations are one of the central deciders of the peak oil demand debate
Oil demand: Beware the gap
Forget a peak – falling production from existing fields should be the market’s immediate focus
The LNG Bandwagon Keeps Growing
LNG used to be more of a producer-buyer relationship, with firms like Petronas, Pertamina and Qatargas cutting deals directly with buyers in Japan and South Korea. With a tidal wave of LNG swamping the industry, the opportunity of increased trading arose as LNG trading hubs like Singapore developed. With access to BG ’s vast LNG portfolio and its own, Shell was in prime position to take advantage of a nimbler, more flexible LNG environment.
OIL AND GAS Weekly Update: 6 - 10 Nov
As Norway sells out of oil, suddenly fossil fuels are starting to look risky
Experts are not predicting the end of drilling quite yet: but the decision in Oslo has sharpened the debate over the future profitability of the industry
What will peak oil demand mean for refining?
With gasoline demand in the US, the largest gasoline market, forecast to decline from its 2017 peak, the outlook for refined product markets is unclear. We do
When Will Oil Demand Begin To Taper Off? | OilPrice.com
As energy analysts begin announcing their predictions for peak oil demand, crude oil may be heading toward a supply squeeze in the short term
Oil industry should not worry about peak demand until 2040, OPEC secretary general says
General Mohammed Barkindo said OPEC's projections did not foresee oil demand cresting over the coming decades.
OPEC Prepares For Peak Oil Demand In Late-2030s | OilPrice.com
OPEC has suggested that, while oil demand will continue to grow in the short term, peak oil demand could be right around the corner
US switches focus of its Bonn event from clean energy to fossil fuels
One of US’s only public events, originally billed as promoting clean energy, has since been changed to favour coal and nuclear power
The misguided notion of peak oil demand
It’s more likely to be like a hill — it will flatten out, and we’ll go down slowly and gradually.
Saudis Must Now Temper Expectations for Aramco's IPO
A share sale was expected to raise $100 billion, but $65 billion looks more realistic amid political upheaval.
Peak fossil fuel is less than three years away (at least in Canada), according to the energy regulator
The NEB believes wind energy production will double and solar energy production more than triple over the next quarter century.