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‘Global oil demand to drop sharply by 2040 under climate regulations’

HOUSTON: Exxon Mobil Corp said that it expects global oil demand to drop sharply by 2040 if regulations aimed at limiting the impact of...

France to ban oil, gas production by 2040

PARIS: France's parliament on Tuesday passed into law a ban on producing oil and gas by 2040, a largely symbolic gesture as the country...

Britain decides to ban new petrol and diesel cars from 2040

LONDON: Britain will ban the sale of new petrol and diesel-powered cars from 2040 as part of a plan to get them off the...

Oil demand won’t peak before 2040, despite Paris deal: IEA

LONDON: The International Energy Agency expects global oil consumption to peak no sooner than 2040, leaving its long-term forecasts for supply and demand unchanged...

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