It is the year when the global crude oil production rate reaches the maximum, after which production starts to decline. The concept is based on geologist M. K. Hubbert’s Peak Theory, published in 1956. Recent Peak oil forecasts range from 2019 to 2040.
P27 Team
View posts by P27 TeamA cadre of associates that deliver short consultations and project-based business services to both SMBs and larger businesses. Their expertise includes business change, business development, business planning, digitisation, ESG integration, financial markets, green finance, leadership development, marketing, regionalisation, risk management, valuation and more.