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BP Statistical Review Archive
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Peak oil update 2023 – part 1 NGLs
Posted on June 24, 2024 | No CommentsThe 2024 Statistical Review of World Energy has been published on 20 June 2024 by the Energy Institute (previously by BP) with data up to 2023. https://www.energyinst.org/statistical-review Oil production in […] -
Asia Pacific peak oil: 2020 production continued decline at -2.7% pa
Posted on September 4, 2021 | No CommentsProduction: pre-Covid trends prevail Fig 1: Oil decline in 2020 was a modest 200 kb/d similar to the post 2015 trend Fig 2: China’s (and Australia’s) modest growth of 65 […] -
China increased oil imports in Covid stricken 2020 by a lucky 8.8%
Posted on August 29, 2021 | No CommentsChina is the only country which increased oil imports in 2020. This post is using data from the new BP Statistical Review released on 8 July 2021. Fig 1: Wuhan […] -
Peak oil in Asia Update June 2020 (part 4)
Posted on September 10, 2020 | No CommentsIn the previous posts we have shown that the peak oil problem in Asia is mainly a problem of skyrocketing consumption at an additional 1 mb/d (2.8%) each year. Whereas […] -
Peak oil in Asia Update June 2020 (part 3)
Posted on August 17, 2020 | No CommentsFig 22: The peak of the largest producer China determined the Asian peak From the countries in Fig 22 the 3rd and 4th largest oil importers are Thailand and Indonesia […] -
Peak oil in Asia Update June 2020 (part 2)
Posted on July 15, 2020 | No CommentsContinued from part 1 But there is another metric explaining China’s oil consumption growth: debt. The following graph is from an article by the Institute of International Finance in its […] -
Peak oil in Asia Update June 2020 (part 1)
Posted on June 30, 2020 | No CommentsFig 1: Asian oil consumption is around 5 times higher than production The production decline after the peak in 2015 is very modest. The size of the gap between consumption […] -
Peak oil in Asia: where will the oil come from for the Asian Century?
Posted on September 10, 2019 | No CommentsAsian oil production peaked above 8 mb/d for the period between 2008 and 2016 (with spikes in 2010 and 2015). The 2015 peak was mainly caused by peak oil in […] -
Persian Gulf oil export peak after tanker attacks?
Posted on June 21, 2019 | No CommentsTankers holed and burning in the Gulf of Oman are not a good sign for future oil exports from the Persian Gulf. Fig 1: Norway’s Front Altair burning with 75,000 […] -
Peak oil in the Asia Pacific (part 3)
Posted on August 15, 2018 | No CommentsWe continue to look at the oil supply balances country by country. All oil producers in Asia are now in post-peak oil mode i.e. they are net oil importers. Fig […]