Fossil fuel companies increase investments in natural gas, anticipating long-term demand

Major fossil fuel companies such as Shell and Chevron are increasing their investments in natural gas, stating that the transition to a green future will require more of it. China is also signing deals to buy liquefied natural gas past 2050, with European importers following suit. The US is also forging ahead with new projects that will make it the world's top LNG exporter for the foreseeable future. This marks a turning point for gas, which was previously seen as a short-term bridge to greener energy sources. The idea that gas demand will peak anytime soon is now disappearing.