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
.
