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 ...
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IEA: Oil and Gas Demand Likely to Rise Through 2050, Putting Climate Goals Out of Reach
Global demand for oil and gas is expected to keep growing until 2050, according to the International Energy Agency (IEA), signaling a dramatic reversal from earlier forecasts that anticipated a swift ...
Natural gas is back in favor — once seen as a “dirty” fuel, it’s now being embraced again by investors. Shell, BP, Exxon, TotalEnergies, and Woodside are all expanding LNG and natural gas operations, ...
The production of US natural gas and demand for it will both end the year at record highs, according to the US Energy Information Administration’s Short-Term Energy Outlook cited by Reuters on Dec. 9.
The International Energy Agency raised its forecast for global oil-demand growth due to an improved economic outlook and lower crude prices, but warned supply is still expected to outpace consumption.
Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. Pumpjacks are seen in oilfields along Highway 33, known as the ...
LONDON (Reuters) -Global oil and gas demand could grow until 2050, the International Energy Agency said on Wednesday, departing from its previous expectations of a speedy transition to cleaner fuels ...
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