Sentences with phrase «growing demand for natural gas»

A few years ago, there was a lot of talk about a Chinese shale revolution as the country's fast - growing demand for natural gas sparked enthusiasm in the exploration of its...

Not exact matches

The drivers behind OPEC's forecast include steadily rising economic activity around the world, strong demand for transportation fuels like gasoline and jet fuel and a growing petrochemical industry, which turns byproducts from oil and natural gas into chemicals.

As the world's population grows, the demand for all forms of energy will increase, including demand for oil and natural gas.

With growing concerns around the known and unknown consequences of greenhouse gas emissions and climate change on natural systems, food producers are experiencing greater consumer demand for environmental and social credentials as well as various decarbonisation initiatives from governments.

As demand for energy continues to grow, natural gas is becoming increasingly important for New York consumers and businesses.

Since 1996, demand for oil and natural gas has continued to grow with the expansion and globalization of the world's economy.

In June I heard a report about a new EU - wide study done in the UK that showed clearly that by combining all forms of renewables: wind all over Europe, solar in North Africa, hydo, hydro storage, solar thermal, and demand management, you could meet a slowly growing EU load with almost no natural gas for peaking plants to help level the load.

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.

This is why oil giants like ExxonMobil are investing more these days in natural gas, demand for which is expected to grow as electric utilities in Canada, the United States and Europe switch from coal to gas - fired power generation.

Production of natural gas from shale regions across the country, along with investments in pipeline infrastructure, allows natural gas to meet the growing demand for clean, affordable electricity.

This is obviously a debatable assumption as one could for instance argue that a more rapid growth in renewable energy could allow for less energy efficiency gains and growing demand for electricity, or perhaps a prolonging of the coal industry at the cost of natural gas.

For example, in its new report Shell says «Allowing natural gas rather than coal to grow to meet power demand is the surest, fastest and most comprehensive way there is to reduce CO2 emissions over the crucial next 10 years.

Where demand for oil is expected to fall in a 2 - degree scenario, demand for natural gas is expected to hold steady or grow.