Global natural gas demand is expected to increase by about 40 percent between 2016 and 2040.
Not exact matches
Under this scenario, by 2040
global energy
demand will be significantly larger than it is now; oil, coal, and
natural gas each will account for about one - quarter of total
demand, and solar and wind together will account for roughly 5 %.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including
natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and
natural gas and their derivatives) due to shortages, increased
demand or supply interruptions (including those caused by
natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a
global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
Natural gas futures allow investors the opportunity to trade in one of the hottest, most in -
demand energy commodities in the
global economy today — a commodity that is likely to continue to increase in value as the years go by.
Prices for liquefied
natural gas (LNG) have collapsed,
global demand is faltering and the first of what is likely to be a wave of competing shipments has just set sail from the unlikeliest of exporters, the United States.
As the
global economic crisis took hold manufacturing has been scaled back significantly resulting in a reduced
demand for
natural gas from factories across the US and further afield.
The industry has faltered because of declining
global demand and low
natural gas prices, which have encouraged electric power companies to use
gas instead of coal to generate electricity, said Ray Rasker, executive director of Headwaters Economics, an independent research group focusing on the economic implications of land management decisions in the West.
The onset of the
global recession in the fall of 2008 and the resulting decrease in worldwide
demand for hydrocarbons caused many oil and
natural gas companies to curtail capital spending for exploration and development.
The
global demand for oil and
natural gas is increasing, which makes these excellent long - term investments.
Boyce observed that coal has been the world's fastest - growing fuel this past decade, with
demand growing at nearly twice the rate of
natural gas and hydro power and more than four times faster than
global oil consumption.
Natural gas grows to account for a quarter of
global energy
demand in the New Policies Scenario by 2040, becoming the second - largest fuel in the
global mix after oil.
Coal companies have lost more than 90 percent of their value since the
global coal bubble in 2011, and many companies have declared bankruptcy due to collapsing
demand, oversupply on the international market, cheap
natural gas prices, and new environmental regulations.
Significant investments will be needed in the upstream sector to meet
global demand for oil and
natural gas.
Within the context of Connecticut energy
demand and climate laws, the team is reviewing and synthesizing the findings of three separate New England
natural gas demand reports released in 2015, examining issues related to compliance with Connecticut's
Global Warming Solutions Act, and placing these findings in the context of expected near - and medium - term capacity and
demand of
natural gas in Connecticut.
As a result of major transformations in the
global energy system that take place over the next decades, renewables and
natural gas are the big winners in the race to meet energy
demand growth until 2040, according to the latest edition of the World Energy Outlook, the International Energy Agency's flagship publication.
As we seek to increase production of oil and
natural gas to meet growing
global energy
demand, we are committed to mitigating greenhouse
gas emissions within our operations.
By Brad Plumer, NYTimes, Feb 2, 2018 Exxon Mobil's shareholders — concerned that the company's main businesses, oil and
natural gas, may be imperiled — had
demanded last year that the company give a more detailed accounting of the consequences of
global policies aimed at curbing emissions of earth - warming
gases.
It indicates how rising prosperity is driving an increase in
global energy
demand and how that
demand may be met over the coming decades through a diverse range of supplies including oil,
natural gas, coal, and renewable energy.
Energy companies are also seeking new liquefied
natural gas terminals for export to
global markets where they can
demand higher prices for LNG — a far more potent contributor to
global warming than ordinary
natural gas.
And the
global oversupply of
natural gas that is keeping prices low in the U.S. this year won't last — Birol estimates that the
demand for
natural gas by 2030 will far outstrip supply.
Increasing reliance on
natural gas (methane) to meet
global energy
demands holds implications for atmospheric CO2 concentrations.
The increase in emissions of the all - important greenhouse
gas came as
global energy
demand itself increased thanks to strong economic growth — and that
demand was sated by all types of energy, including renewables but also oil, coal and
natural gas.
A couple of the big - picture projections in ExxonMobil's annual
global energy outlook: The world's energy needs will grow 25 percent between now until 2040, with oil,
natural gas and coal continuing to meet 80 percent of that
demand.
Investors are obliged to weigh any number of unknowns: will Venezuela increase production and keep heavy oil differentials high; will the price of
natural gas rapidly rise; will climate change suddenly force governments to introduce carbon taxes; can the companies control their labour and construction costs; will
global demand continue to rise?