The modern world cannot survive and thrive without a productive petroleum industry

World needs to accept the urgent need for fossil fuel investment now, BP CEO says

Coletta Hodges  (Nov 01, 2022 06:54 am)

BP’s
strategy is centered around investing in hydrocarbons whilst simultaneously putting money into the planned energy transition, the oil and gas supermajor’s CEO said Monday.

“What the world needs, more than ever right now, is a conversation and a series of actions that are involved in the practicalities and realities of today and tomorrow,” Bernard Looney, who was appearing on a panel discussion moderated by CNBC’s Hadley Gamble, said.

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