US$500 billion investment in global oil and gas enough to meet peak demand in 2030s
Efficiency gains, capital discipline and low-cost oil will keep a lid on spending requirements out to peak oil demand of 108 million b/d in early 2030s Source | Wood Mackenzie LONDON/HOUSTON/SINGAPORE, 20 July 2023 Despite concerns about underinvestment in upstream, peak oil and gas demand can be met in the 2030s without a […]
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