By 2030, the world population is estimated to become 8 billion - current population is about 6 billion people.
60% of the population lives in mega cities - which puts more strain on energy demand.
Global energy demand is estimated to increase by 1/3 from 2010 to 2035.
Conventional oil are fast depleting.
Gas will become major source of energy by Year 2030.
Nearly half of the increase in natural gas production by then will be from Unconventional Gas Resource - mainly from the US, Australia, and China.
So, Oil & Gas industry will still be the backbone of world's economy for many more years to come, I guess till some genius could make water or air or plants to replace oil/gas as main energy resource :)
Go Unconventional peeps?
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