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Total production by the top five oil majors has fallen by a quarter since 2004

The combined crude oil production of the five main international oil companies (Exxon, BP, Shell, Chevron and Total) hit an historic high in 2004. Since then, it has fallen by 25.8%, despite large increases in investments.

Pic pétrolier : deux vice-présidents de Total répondent à Oil Man

English summary: Total has agreed to present on my blog its scenario on world future oil production. No peak oil in sight according to Total, provided the industry puts on stream 45 Mb/d in the next 15 years. How can this tremendous task may be achieved ? Huge uncertainties remain in this unpublished scenario. La direction du groupe Total a accepté de présenter ici son scénario sur l'avenir …

Peak Oil: Laherrère responds to Yergin (English translation)

Jean Laherrère is co-founder of the Association for the Study of Peak Oil and a retired expert from the French oil company Total. He picks apart the latest analysis from the champion of optimists, the American Daniel Yergin. (Translation of an interview from the French.)

Pic pétrolier : Laherrère répond à Yergin

The most recent analysis by Daniel Yergin, champion of the "optomists," is dismantled in an interview with Jean Laherrère. veteran expert of the French oil company, Total, and co-founder of Association for the Study of Peak Oil (ASPO). [Excerpts, in French]  

Peak Oil: why the Pentagon is pessimistic [EXCLUSIVE]

“Twilight in the desert” is a book summing up the arguments of a Texan oil banker who suggests that Saudi Arabia is overestimating its future oil production capacity. I’ve learned through the American Department of Defense that this book is the source of two recent Pentagon reports envisaging a severe lack of oil starting in 2012 and continuing until 2015 at least. [excepts]

Exclusive interview: Robert Hirsch

The co-author of the famous Hirsch report gives an exclusive interview to a French journalist.

When the U.S. energy secretary spoke of "peak oil" ...

... He was referring to the arguments of ASPO that we have already reached peak oil.

Pentagon alert from ... 2008: "Towards a "severe energy crisis"

Two years ago the Defense Department announced a major oil shock for 2015, and nobody noticed.

Fatih Birol interview in Le Monde full translation

Full translation of June 26 interview with Fatih Birol, chief economist with the International Energy Agency, in which Birol predicts the oil market will face 'a wall' between now and 2015.

IEA:Non-OPEC oil production to decline after 2010

“Oil is like a girlfriend, you know from the beginning that one day she’s going to leave you,” is how Mr Birol sums up the situation. “If you don’t want your heart broken, you’d better leave her before she leaves you.”
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