Total sees peak oil output around 2020
France’s Total estimates global oil production will peak around 2020 if output growth continues at current levels and has advised governments to cool demand to avoid a supply crunch, its chief executive said.
June 6, 2006
BP says global oil reserves growth stalled in 2004
Growth in the world’s oil and gas reserves stalled last year, a report from oil giant BP showed on Tuesday, bucking a trend that has historically seen new discoveries more than match production.
June 14, 2005
Shell Cuts Oil Reserves Again
Royal Dutch/Shell Group unveiled another, bigger-than-expected, cut in oil reserves on Thursday but tempered the news by announcing record profits.
February 2, 2005