Conoco CEO Says US Oil Production Will Plateau This Decade

ConocoPhillips CEO Ryan Lance said on Tuesday at the CERAWeek energy conference in Houston that U.S. oil production will plateau later this decade and will stay on the plateau for some time.

Reporting by Ron Bousso; Writing by Richard Valdmanis

Share This:


More News Articles

 

  • Related Posts

    Top US Refiners See Profits Soar, Step Up Investor Rewards

    By Nicole Jao Top refiners post combined second-quarter profit of $12.6 billion Capital returns to shareholders hit $6.3 billion in second quarter TD Cowen sees Marathon and Valero each repurchasing…

    BofA to Plow $250 Billion Into Critical Infrastructure Projects

    By Paula Seligson and Katherine Doherty Bank of America Corp. unveiled a $250 billion initiative to invest in critical infrastructure across the US over the next year, joining its peers…

    Have You Seen?

    JPMorgan and Santander Lead $15 Billion Financing Push for Argentina LNG

    • August 25, 2026
    JPMorgan and Santander Lead $15 Billion Financing Push for Argentina LNG

    Japan Holds Off on New Oil Reserve Release Despite September Import Drop

    • August 25, 2026
    Japan Holds Off on New Oil Reserve Release Despite September Import Drop

    India’s Crude Import Bill Surges as Hormuz Shipping Rates Soar

    • August 25, 2026
    India’s Crude Import Bill Surges as Hormuz Shipping Rates Soar

    Malacca States Vow to Keep Asia’s Busiest Shipping Route Open

    • August 25, 2026
    Malacca States Vow to Keep Asia’s Busiest Shipping Route Open

    Equinor Eyes Major Oil Discovery Offshore Namibia

    • August 25, 2026
    Equinor Eyes Major Oil Discovery Offshore Namibia

    Japan’s Air Water buys 35% stake in Taiwan semiconductor gas supplier

    • August 25, 2026
    Japan’s Air Water buys 35% stake in Taiwan semiconductor gas supplier

    Japan’s Air Water takes 35% stake in Taiwan semiconductor gas supplier

    • August 25, 2026
    Japan’s Air Water takes 35% stake in Taiwan semiconductor gas supplier

    India Daily: NTPC REL Secures 500 MW, POWERGRID Tenders 265 MW BESS, RE Generation Crosses 38,497 MU, REC Transfers Luhri SPV, OREDA Tenders Rooftop Solar, POWERGRID Wins ₹822.91 Cr Project, KELTRON Tenders Solar Projects

    • August 25, 2026
    India Daily: NTPC REL Secures 500 MW, POWERGRID Tenders 265 MW BESS, RE Generation Crosses 38,497 MU, REC Transfers Luhri SPV, OREDA Tenders Rooftop Solar, POWERGRID Wins ₹822.91 Cr Project, KELTRON Tenders Solar Projects

    Equinor considers putting more wind into East Africa LNG sails

    • August 25, 2026
    Equinor considers putting more wind into East Africa LNG sails

    Cube Green Energy Appoints Dr Felix Grolman as Executive Chair to Drive European Renewable Energy Growth

    • August 25, 2026
    Cube Green Energy Appoints Dr Felix Grolman as Executive Chair to Drive European Renewable Energy Growth