TotalEnergies Sees Oil Demand Plateau in 2030s Under Current Trends
- TotalEnergies published its Energy Outlook 2026, projecting continued fossil fuel demand growth under current policy trends.
- Under its Trends scenario, petroleum demand plateaus in the 2030s before slowly declining; gas demand stabilizes in the 2040s.
- That trajectory implies warming of 2.6°C–2.8°C by 2100, compared with 2.3°C–2.4°C under the more ambitious Momentum scenario.
- The Rupture scenario limits warming to 1.8°C–1.9°C but appears out of reach given geopolitical rivalries and insufficient international cooperation.
- Low-carbon energy investment, including end-use electrification, rose to $2.1 trillion in 2025 from $1.2 trillion in 2015.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TotalEnergies SE published the original content used to generate this news brief via Business Wire (Ref. ID: 202611030218BIZWIRE_UKPR_REG_20261102_BW468632) on November 03, 2026, and is solely responsible for the information contained therein.