OIL & GAS WILL CRUTIAL
OGJ - Electricity will gain ground globally on oil and natural gas by 2050 as its use in vehicles continues to rise and power distribution systems are built in developing countries, an inaugural forecast by DNV GL AS, Oslo, said. But natural gas will be the single biggest energy source by mid-century, despite its supplies peaking in 2035 after surpassing crude oil a year earlier, where supplies will fall in 2028, it added.
"Energy demand is flattening. We're using more electricity, and its generation is more…
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