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fossil fuels: BP chief echoes India's views on orderly energy transition, says oil and gas to continue for decades

British energy major BP chief executive Bernard Looney on Saturday echoed Indias views on energy transition being just and orderly, saying the shift from fossil-based system of energy to renewable sources has to be done in a manner so as to avoid price shocks like the ones witnessed last year. Looney said oil and gas will continue to be a source of energy for the world for "many, many decades to come"
United Kingdom France General Krishna Godavari Bernard Looney Global South Fossil Fuels

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World must invest in both fossil fuels and renewables to ensure orderly transition: BP CEO

“We must make sure that the energy transition is both rapid and orderly,” BP CEO Bernard Looney told the B20 summit. “It needs to be rapid because every year since Paris (climate agreement), the emissions have risen in the world with the exception of the pandemic,” Looney said, adding that if the transition is not orderly, it would “impact the pace of the transition”.
France General Bernard Looney Fossil Fuels Climate Agreement Energy Transition Natural Gas

BBCNEWS BBC News June 4, 2024 04:22:00

This circumvention. big british firms like bp and shell are buying this jet fuel. ibf’ firms like bp and shell are buying this jet fuel. buying this et fuel. bp said it takes buying this jet fuel. bp said it takes complies _ buying this jet fuel. bp said it takes complies with i it takes complies with sanctions and export controls seriously. refineries in many countries around the world such as india may therefore purchase russian produce products for national and international consumption. sh...
Jet Fuel Jet Fuel Export Controls Big British Refining Energy Trade Offs

ANS holds upper $80s - August 27, 2023 - Petroleum News

Alaska North Slope crude capped a three-day fall Aug. 23 with a loss of 90 cents to close at $85.68, hanging on to the upper half of the $80s two weeks after its brief foray into the $90s -- with a close of $90.40 on Aug. 9. West Texas Intermediate plunged $1.46 on the day to close at $78.89 and Br...
United States Steve Sutherlin Petroleum News North Slope Texas Intermediate Crude Oil

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