Gap Fill - Oil Production - Level 6


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   announcement      days      decline      demand      fall      giant      high      refineries      release      workforce  

Paragraph 1

The energy Royal Dutch Shell has announced it has passed its peak production of oil. The of increasing oil production are over and the in output has started. Shell said in a press that, "oil production peaked in 2019". The " point" of Shell's oil production reached around 1.7 million barrels per day. It now expects an annual drop of up to two per cent per year. The comes a year ahead of Shell's initial forecasts. In 2015, the company predicted the peak of global oil would be in 2020. The included news that Shell would reduce the number of its oil from 14 sites to six. This means the loss of around 9,000 jobs, or more than 10 per cent of its .

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