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énergie fossile
Much attention today focuses on uncertainties affecting the future evolution of oil and natural gas demand, with less consideration given to how the supply picture could develop. However, understanding decline rates – the annual rate at which production declines from existing oil and gas fields – is crucial for assessing the outlook for oil and gas supply and, by extension, for market balances. The International Energy Agency (IEA) has long examined this issue, and a detailed understanding of decline rates is at the heart of IEA modelling and analysis, underpinning the insights provided by the scenarios in the World Energy Outlook. This new report – based on analysis of the production records of around 15 000 oil and gas fields around the world – explores the implications of accelerating decline rates, growing reliance on unconventional resources, and evolving project development patterns for the global oil and gas supply landscape, for energy security and for investment. It also provides regional insights
The planet is nearing dangerous limits. Yet progress on clean energy shows what’s possible. With political will, cooperation can still avert the worst of the climate crisis
The Production Gap Report finds that 10 years after the Paris Agreement, governments plan to produce more than double the volume of fossil fuels in 2030 than would be consistent with limiting global warming to 1.5°C, steering the world further from the Paris goals than the last such assessment in 2023.
The Implications of Oil and Gas Field Decline Rates
Analysis and forecast to 2030
Focus on capital discipline, increasing customer centricity, and investments in new technologies may help companies navigate economic, geopolitical, and regulatory uncertainties in 2025
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If the global consumption of fossil fuels continues to grow at its present rate, atmospheric CO2 content will double in about 50 years. Climatic models suggest that the resultant greenhouse-warming effect will be greatly magnified in high latitudes. The computed temperature rise at lat 80° S could start rapid deglaciation of West Antarctica, leading to a 5 m rise in sea level.
His Royal Highness King Godwin Bebe Okpabi has carried bottles of water drawn from the wells of his homeland in the Niger delta to the high court in London. For the past three and a half weeks, lawyers for Shell have argued at the high court that their client cannot be held responsible for an environmental catastrophe in Ogale, which has suffered from decades of spills and pollution from oil extraction.
It’s better to burn out than fade away…until it kills you.
World Energy Outlook 2024 - Analysis and key findings. A report by the International Energy Agency.
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From farmers to disaster survivors, new plaintiffs and progressing lawsuits are putting pressure on industry polluters.
In 2023, the CO2 growth rate was 3.37 ± 0.11 ppm at Mauna Loa, 86% above the previous year, and hitting a record high since observations began in 1958[1], while global fossil fuel CO2 emissions only increased by 0.6 ± 0.5%[2,3]....
Numerous prominent petroleum geologists have been warning for years about the resources limitations of oil both in the U.S. and globally. It’s now looking like the wolf is nearing the door.
World’s fossil-fuel producers on track to nearly quadruple output from newly approved projects by decade’s end, report finds
In a previous post, I defined this graph as “the most amazing graph of the 21st century.” It shows how the US oil production restarted growing in 2010, picking up speed and surpassing the historical record of the “Hubbert Peak,” which took place in 1970. It overcame the dip caused by the Covid pandemic and, two years after my first post on this subject, it keeps growing.
Exclusive: Meeting took place days after BP reported record profits while households were squeezed by high energy bills
