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World energy consumption will increase by 48% over the next three decades, with natural gas remaining a dominant source of that energy, but renewables will be the fastest-growing, the Energy Information Administration (EIA) said Wednesday.

World energy consumption will increase by 48% over the next three decades, with natural gas remaining a dominant source of that energy, but renewables will be the fastest-growing, the Energy Information Administration (EIA) said Wednesday.

The increase in global ethane emissions is the result of increased oil and natural gas activity in the Bakken Shale, according to University of Michigan (U-M) researchers.

The increase in global ethane emissions is the result of increased oil and natural gas activity in the Bakken Shale, according to University of Michigan (U-M) researchers.

Russia’s state-owned OAO Gazprom last year remained the champion of global natural gas production, and even though volumes were down year/year, the producer appears ready to defend its position as U.S. gas exports head to Europe, according to an analysis by Societe Generale (SG).

The biggest capital spending reductions in the global oil and natural gas industry are — no surprise — led by producers whose assets are concentrated in the Lower 48 states, Raymond James & Associates Inc. said Monday.

Anyone looking for a silver lining for the U.S. natural gas and oil business should not think it will come from the oilfield services (OFS) sector, as management teams are less optimistic than they were even a few months ago.

Global energy-related carbon dioxide (CO2) emissions, considered the largest source of man-made greenhouse gas emissions, remained flat in 2015 for the second year in a row, in part on the rising use of natural gas, according to an analysis of preliminary data by the International Energy Agency (IEA).

With the first cargo of liquefied natural gas (LNG) from the Lower 48 states expected to depart Wednesday afternoon from Cheniere Energy Inc.’s Sabine Pass terminal, the global gas market is entering a period of evolutionary change, speakers at IHS CERAWeek said.