World tight oil production to more than double from 2015 to 2040

15 Aug World tight oil production to more than double from 2015 to 2040

Posted at 12:59h in Global Energy Industry News by LizOutLoud

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By hellenicshippingnews World tight oil production is expected to more than double between 2015 and 2040, increasing from 4.98 million barrels per day (b/d) in 2015 to 10.36 million b/d in 2040, according to the U.S. Energy Information Administration’s International Energy Outlook 2016 (IEO2016) and Annual Energy Outlook 2016 (AEO2016). Most of the projected increase will come … Read full story ›

Source:: Hellenic shipping news Oil