{"id":58964,"date":"2022-12-28T11:00:00","date_gmt":"2022-12-28T15:30:00","guid":{"rendered":"https:\/\/inspenet.com\/noticias\/totalenergies-considers-new-oil-wells-necessary-until-the-mid-2030s\/"},"modified":"2022-11-03T09:45:35","modified_gmt":"2022-11-03T14:15:35","slug":"totalenergies-considers-new-oil-wells-necessary-until-the-mid-2030s","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/totalenergies-considers-new-oil-wells-necessary-until-the-mid-2030s\/","title":{"rendered":"TotalEnergies considers new oil wells necessary until the mid-2030s"},"content":{"rendered":"\n

By<\/strong> : Franyi Sarmiento, Ph.D., Inspenet, September 29, 2022<\/p>\n\n

The French company TotalEnergies considers that, even in a scenario of limiting climate change in line with the Paris Agreements, new oil projects are necessary until the mid-2030s to respond to a demand that will increase slightly until the beginning of that decade.<\/p>\n\n

In its annual outlook report published on Tuesday, TotalEnergies points out that natural gas is going to be “a key transition fuel”, with an expected increase of 0.2% per year until mid-century.<\/p>\n\n

In the case of oil, he underlines that new deposits will be needed until the middle of the next decade “to respond to demand and avoid price increases.”<\/p>\n\n

In short, it is estimated that the demand for crude oil will increase slightly to around 100 million barrels per day in 2030 and from there it will decrease at a rate of 2.3% per year in the following two decades.<\/p>\n\n

The gas will be used as a substitute fuel for coal in electricity generation and for industrial uses, specifically as transportation fuel for ships.<\/p>\n\n

This material from the es.investing.com portal has been edited for clarity, style and length.<\/p>\n\n

Source:<\/strong> https:\/\/es.investing.com\/news\/commodities-news\/total-estima-necesarios-nuevas-pozos-de-petroleo-hasta-mediodos-decada-2030-2298840<\/a><\/p>\n\n

Photo<\/strong>: ShutterStock<\/p>\n\n

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