IEA executive director Fatih Birol and OPEC secretary general Mohammad Sanusi Barkindo discuss challenges facing the oil and gas industry during the CERAWeek by IHS Markit conference in Houston. There’s no sign of peak oil any time soon. Quite the contrary. Strong, robust growth driven by China and India are one of three things the International Energy Agency’s (IEA) executive director Fatih Birol said to consider during the CERAWeek by IHS Markit conference’s opening day March 5. In addition to oil demand, Birol said that the United States will also put its stamp on global oil supply in the next five years, which is also what was reported in the IEA’s annual report , released earlier that day. The IEA report was based off a $60 oil environment, Birol said. The United States, along with Brazil, Canada and Norway are expected to make up a large chunk of the […]