IHS CERAWeek: Energy industry entering transformation period

03/11/2013
IHS CERAWeek speakers generally agree the energy industry is entering a transformation period that likely will reshape traditional oil and natural gas supply-demand scenarios worldwide. Some 2,200 participants from more than 50 countries were expected to attend the 32nd IHS CERAWeek energy conference, which is called "Drivers of Change: Geopolitics, Markets & the New Map of Energy." IHS analysts on Mar. 4 discussed how new technologies, sources of energy, and global demand shifts are remaking traditional oil and gas supply scenarios. Surging US unconventional production is spurring the changes. Questions remain as to how fast unconventional development might progress worldwi...
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