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The Great Energy Debate: Why the IEA's Peak Oil Forecast Might Be Completely Wrong - 23 Wrong Assumptions

Rextag

This article examines their findings in depth, presenting hard numbers, economic realities, and 23 major flawed assumptions that cast doubt on the IEAs predictions. If GDP grows at the historical rate, oil demand would be at least 10 million barrels per day (mmbd) higher by 2035 than the IEA forecasts. and Europe.

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

(Oil & Gas 360) Publisher’s Note: Whitecap Resources will be presenting at the 30th Anniversary EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. and Veren’s website at www.vrn.com by selecting “Investors” , then “Presentations & Events”.

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BP Expands U.S. Natural Gas Production Amid Rising Prices and LNG Growth

Oil Gas Leads

natural gas production, particularly in the Haynesville Basin, as domestic gas prices surge. per million British thermal units (mmBtu), BP sees a lucrative opportunity to increase production. In 2023, BP produced 434,000 barrels of oil equivalent per day (boepd) in its U.S. BP is doubling down on its U.S. million and 2.5

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$4 Billion Deal in the Works? Civitas Considers Permian Expansion, D-J Basin Sale

Rextag

The Denver-based exploration and production company has engaged a financial adviser to evaluate buyer interest in its Colorado assets. Double Eagles limited inventory of around 424 drilling locations and a likely high asking price could present challenges. Previously, Ovintiv was considered a potential buyer for Double Eagle.

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Global companies eye more US investment as Trump touts energy dominance

Oil & Gas 360º

He has urged energy companies to boost fossil fuel production and promised to bring down prices for consumers. On Monday global Brent crude futures settled under $70 a barrel as investors worried a trade war would slow economic growth. million barrels per day, up 200,000 bpd from last months forecast. million bpd.

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