Total natural gas projects will exceed the number of oil in the future
Total natural gas projects will exceed the number of oil in the future According to Dow Jones February 21, Arnaud Breuillac, executive of the exploration and production business of the French oil giant Total, said in an International Petroleum Week in London on Tuesday that about half of global energy demand by 2040 will still come from oil and natural gas. However, Breuillac said Total gas projects will exceed oil projects in the next 20 years. He added: "We need to integrate the natural gas value chain. In oilfield development, we need to find performance-resilient petroleum projects. We will be more careful in selecting projects and improving efficiency."