Gap Fill - Oil Production - Level 5


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   days      demand      drop      forecasts      loss      number      output      production      refineries      workforce  

Paragraph 1

The oil company Shell has announced it has passed its peak of oil. Shell said that, "oil production peaked in 2019". The of declining have started. The fall comes a year ahead of Shell's . In 2015, the company predicted the peak would be in 2020. The company expects a of up to two per cent production per year. The announcement included news that Shell would reduce the of its oil from 14 to six. This means the of around 9,000 jobs, or more than 10 per cent of its .

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