Exxon projects global natural gas demand will rise more than 20% by 2050 from 2024 levels, driven by coal displacement in industry and growing electricity use in emerging markets, according to a Reuters report. The outlook underpins Exxon’s long-term strategy, including an 18% production increase over five years. Oil demand is expected to plateau after 2030 but remain above 100 million barrels per day through 2050, while oil and gas together hold around 55% of the global energy mix, the report said. The company frames gas as a key transition…