ADNOC Expects Oil Demand to Stay Above 100 Million Barrels a Day Through 2040

Oil demand to stay above 100m bpd through 2040, says Dr Al Jaber

Global oil demand is projected to remain above 100 million barrels per day through 2040, driven by emerging markets and technological advancements, according to Dr Sultan Al Jaber. He emphasizes the need for sustained investment across all energy forms to meet growing demands, particularly in India, the world's third-largest energy consumer.

India to drive global energy demand as oil consumption stays above 100 million barrels per day: ADNOC CEO

The ADNOC chief mentioned that as the world’s third-largest energy consumer, India has become a decisive driver of global demand.

ADNOC Expects Oil Demand to Stay Above 100 Million Barrels a Day Through 2040

Oil demand will stay above 100 million barrels per day (bpd) through 2040, the chief executive of Abu Dhabi National Oil Company (ADNOC) said on Tuesday, reiterating the need for investment in all forms of energy. Global oil demand will remain above 100 million barrels per day through 2040, with demand for both LNG and electricity surging by 50% or more. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, and Managing Director and…

India a key driver of global energy demand: UAE minister

India's booming economy is set to significantly boost global energy consumption. This growth spans air travel, data centers, and digital infrastructure. The UAE is highlighted as a crucial partner, supplying oil, LNG, and LPG. Both nations aim to double bilateral trade by 2032, underscoring a shared ambition in meeting India's escalating energy needs.

Oil Demand to Hold Above 100 million Bpd Through 2040, Says ADNOC CEO - Energy News, Top Headlines, Commentaries, Features & Events

(Reuters) – The head of Abu Dhabi National Oil Company (ADNOC) said global oil demand will remain above 100 million barrels per day through 2040, while demand for both liquefied natural gas (LNG) and electricity will grow by 50% or more. Managing Director and CEO Sultan Ahmed Al Jaber told the India Energy Week conference ...

India Energy Week 2026 kicks off in Goa, showcases nation’s ambitious energy vision - Times Kuwait

India Energy Week (IEW) 2026 opened on Tuesday in Goa, bringing together over 75,000 energy professionals, 700 exhibitors, and delegates from more than 120 countries. The event positions India as a global hub for energy dialogue, cooperation, and action amid a rapidly evolving international energy landscape. Addressing the conference, Sultan Ahmed Al Jaber, Managing Director and CEO of Abu Dhabi National Oil Company (ADNOC) said that ADNOC has m…