Peak production in the news again
My proposition is that reduction in demand plus an addition in supply will delay peak production well beyond this decade.
December 6, 2004
Attempts to offset oil depletion in Venezuala through heavy oil processing
It is no secret that Petroleos de Venezuela (PDVSA) is having trouble maintaining production capacity. With a natural production decline of around 25% a year, it is necessary to develop that magnitude of additional oil for the production level to remain where it was.
November 22, 2004
