Exxon Sees Natural Gas Demand Surging in Outlook to 2050

Global demand for natural gas will rise more than 20% by 2050 from last year’s level, as it displaces coal to power industries and meet higher electricity use in developing countries, Exxon Mobil said on Thursday in an annual outlook. The projections provide the basis for the top U.S. oil producer’s long-term strategy and investment. … Read more