1 Sep 2019 Summary. China's largest oil and gas major, China National Petroleum Corporation (CNPC), released its 2050 outlook in late August. Demand for oil and gas will require continued investment even under aggressive targeting new technologies; in 2018, we launched our Future Energy Fund. oil and gas sector. Global demand for affordable, reliable energy will continue to grow for the foreseeable future, but there is a new longer-term backdrop as the  31 Mar 2015 The GCC states have large reserves not only of crude oil and liquefied natural gas (LNG), but could also harness nuclear energy, as well as solar 

4 Feb 2019 The oil and natural gas industry is coming to terms with losing its energy monopoly, and while consumers will benefit from lower prices as 

For the near future, at least, the world will need more of it—and how it is produced and used will be a critical factor in the future of the global economy, geopolitics,  15 Aug 2018 BP's 2018 “2040 outlook” says “the pace at which renewables gain share in power generation over the Outlook is faster than any other energy 

19 May 2019 There's a reason Warren Buffett decided to bet $10 billion on the future of oil and natural gas.

For the near future, at least, the world will need more of it—and how it is produced and used will be a critical factor in the future of the global economy, geopolitics,  15 Aug 2018 BP's 2018 “2040 outlook” says “the pace at which renewables gain share in power generation over the Outlook is faster than any other energy 

31 Mar 2015 The GCC states have large reserves not only of crude oil and liquefied natural gas (LNG), but could also harness nuclear energy, as well as solar 

*Graph showing future energy reserves for coal, gas and oil. Oil. Globally, we currently consume the equivalent of over 11 billion tonnes of oil from fossil fuels  As the voice of the upstream oil and gas industry, IOGP welcomed the Paris Agreement in 2015. Today, we support global and regional efforts to reduce emissions. 13 Mar 2017 More than half of our energy comes from fossil fuels extracted from deep within the Earth's crust. It is estimated that since commercial oil drilling  Heavy oils are difficult to displace; hence, typical primary recovery of oil from such reservoirs is much lower than that of lighter oils. Heavy oil is typically recovered  14 Aug 2019 'Energy has dominated geopolitics in the 20th century.' 'The reason is simple: the resources for oil, gas and coal are concentrated in a limited  16 Jan 2020 An energy futures contract is a legally binding agreement for delivery of crude, unleaded gas, heating oil or natural gas in the future at an  14 Feb 2019 Most of that new energy — as much as 85 percent — will come from burning natural gas and drawing on renewable power. BP sees oil demand 

13 Mar 2017 More than half of our energy comes from fossil fuels extracted from deep within the Earth's crust. It is estimated that since commercial oil drilling 

Demand for oil and gas will require continued investment even under aggressive targeting new technologies; in 2018, we launched our Future Energy Fund. oil and gas sector. Global demand for affordable, reliable energy will continue to grow for the foreseeable future, but there is a new longer-term backdrop as the  31 Mar 2015 The GCC states have large reserves not only of crude oil and liquefied natural gas (LNG), but could also harness nuclear energy, as well as solar 

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