Skip to main content

Paris, France (AFP) – OPEC said Tuesday that phasing out oil was a “fantasy”, as the Saudi-led cartel forecast that demand would keep growing until at least 2050, a key year in the battle against climate change.

“There is no peak oil demand on the horizon,” OPEC Secretary General Haitham Al Ghais said in the group’s annual World Oil Outlook, which puts demand at 120.1 million barrels per day in 2050, a 17.5 percent increase from 2023.

ngu/nal/jum/lth/cw

© Agence France-Presse

Featured image credit: kjpargeter | Freepik.com

Demise of rangelands ‘severely underestimated’: reportNews

Demise of rangelands ‘severely underestimated’: report

By Nick Perry | AFP Paris, France - From camel drivers in the Sahara to nomads on the Mongolian steppe, traditional herders the world over…
SourceSourceMay 21, 2024 Full article
Satellite Image: Switzerland
Image of the day: Alpine resorts open for the season after recent snowfallsNews

Image of the day: Alpine resorts open for the season after recent snowfalls

Many ski resorts in the Alps have welcomed the new ski season thanks to heavy snowfall after the recent Arctic blast which hit Europe in…
SourceSourceNovember 27, 2024 Full article
Satellite imagery: Lake Enigma, Antarctica
Image of the day: The mystery beneath Lake Enigma, AntarcticaNews

Image of the day: The mystery beneath Lake Enigma, Antarctica

Antarctica's Lake Enigma, once thought to be entirely frozen, has revealed a hidden microbial ecosystem thriving beneath 14 meters of ice. Scientists uncovered this surprising…
Muser NewsDeskMuser NewsDeskJanuary 19, 2025 Full article