Uncategorized

Gas capital expenditure boost to fuel the energy transition

Despite the rise of electricity generation from renewables, oil and gas will still account for a significant 40% of world energy demand in 2050. The Outlook expects natural gas to overtake oil to become the world’s largest source of energy in 2026. In a ‘golden age’ for gas, it will retain this position through to mid-century when it will account for a quarter of the world’s energy supply.

Read more

Categories: Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s