ExxonMobil predicts 20% rise in natural gas demand over next 25 years

US supermajor’s outlook also sees oil demand remaining above 100 million barrels per day through 2050, while electricity demand will surge by 70%

Pumpjacks operate in the foreground while wind turbines at the Buckeye Wind Energy wind farm rise in the distance in the US.
Pumpjacks operate in the foreground while wind turbines at the Buckeye Wind Energy wind farm rise in the distance in the US.Photo: AP/SCANPIX
Published 28 August 2025, 13:01Updated 29 August 2025, 02:33
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