ME NewsWire / Business Wire
IRVING, Texas - Thursday, December 12th 2013
Demand growth expected to be about 35 percent between 2010 and 2040
Technology, efficiency key to meeting expected growth; without efficiency gains, global energy demand could more than double
Oil and natural gas expected to continue to meet nearly 60 percent of global energy demand
The world will require all forms of energy over the next quarter century to meet a greater than one-third increase in demand that will be driven by population growth, improved living standards and expanded urbanization, according to ExxonMobil’s Outlook for Energy: A View to 2040, which was released today.
"Understanding global energy trends is absolutely critical for effective energy policy,” said Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation (NYSE: XOM). "The world depends on safe, reliable and affordable en
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