Stay Connected

ExxonMobil energy outlook expects growing unconventional gas role

12/19/2011
By Nick Snow
Natural gas from shale and other unconventional sources will account for 30% of worldwide gas production by 2040, ExxonMobil Corp. said in its 2012 energy outlook. It projected a 30% increase in global energy demand from 2010 levels, but added that growth would be more than four times that amount without expected gains in efficiency. It expected oil, gas, and coal to provide 80% of the world's energy in 2040, but anticipates gas's share growing as coal's declines. "Gas continues to be the growing fuel of choice," said William M. Colton, ExxonMobil's vice-president for corporate strategic planning, as the company released its first forecast to 2040 at the Center for Strategic and...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.