LONDON (AFX) – Oil supermajors ExxonMobil and Royal Dutch/Shell Group expect gas to become the preferred fuel in the future, overtaking politics-ridden oil. As global demand for energy expands, gas is increasingly playing a “more significant and strategic” role in meeting that demand, said Malcolm Brinded, managing director of the Royal Dutch/Shell Group. The gas…
MARKETS: Oil majors see gas overtaking oil as preferred fuel in future
Posted on November 12, 2003 by EnergyAsia