Growth of major Asian economies steers global energy industry

DAEGU, South Korea: From oil to nuclear power, via gas, coal and renewables, Asia’’s economic growth is increasingly steering the forward path of the global energy industry.

“It’s clear that Asia’s emerging economies have entered a historic phase of industrialization and urbanization,” Peter Voser, the chief executive of energy giant Shell, said at the ongoing World Energy Congress in Daegu, South Korea.