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Global 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 […] -
How close did NSW come to load shedding on 14 Dec 2023? (part 2)
Posted on December 21, 2023 | No CommentsThis is the continuation of part 1 on lack of reserves in NSW on 14 Dec 2023 https://crudeoilpeak.info/how-close-did-nsw-come-to-load-shedding-on-14-dec-2023-part-1 which culminated in: Fig 20: Actual LOR2 notice This meant that eg. […] -
Impact of Corona Virus similar to some earlier peak oil scenarios
Posted on March 10, 2020 | No CommentsEmpty roads, grounded aircraft, falling tourist and international student numbers, plunging car sales, empty super market shelves, disrupted supply chains… Fig 1: Empty roads in Wuhan in February 2020 China […] -
Uncertainties following the Abqaiq attack have shrunk the world’s safe oil reserves by around half (part 2)
Posted on October 24, 2019 | No CommentsIn part 1 we had a summary table comparing Rystad’s 1P (proven reserves), 2P (proven + probable reserves) and 2PC (2P reserves + mean contingent) for all countries outside the […] -
The Attacks on Abqaiq and Peak oil in Ghawar
Posted on October 1, 2019 | No CommentsFig 1: The attackers hit at Fajr prayer time https://www.youtube.com/watch?v=sw_IwRPUZOQ When the late Houston based investment banker Matt Simmons wrote his 2005 book “Twilight in the desert, the coming Saudi […] -
2005-2018 Conventional crude production on a bumpy plateau – with a little help from Iraq
Posted on August 26, 2019 | No CommentsThis post is an update of a graph done in 2015: Fig 1: Conventional oil production on bumpy plateau 2005-2014 In http://crudeoilpeak.info/latest-graphs When adding the new data for 2015-2018 it […] -
World crude production outside US and Iraq is flat since 2005
Posted on June 10, 2019 | No CommentsIn the year 2005, the global crude production curve shows a definitive kink, going horizontal for several years. This caused the 2008 oil price shock and the following financial crisis […] -
What happened to crude oil production after the first peak in 2005?
Posted on September 18, 2018 | No CommentsThe IEA (in Paris) proudly announced in its latest September 2018 Monthly Oil Market Report that global supplies (of liquids) have reached 100 mb/d in August, an impressive figure. What […] -
Does the IEA try to hide the conventional crude oil peak in its 2017 World Energy Outlook?
Posted on December 3, 2017 | No CommentsIn this post we look at crude oil production in the World Energy Outlook released in November 2017 Fig 1: WEO 2017 oil supply Note that the 5 year interval table […] -
The Fight for Northern Iraq’s remaining oil
Posted on November 22, 2017 | No CommentsFig 1: Iraqi crude exports by SOMO The above graph shows Iraqi crude oil exports by the SOMO oil marketing company. Until March 2014 Kirkuk crude from North Oil Company […]