British oil giant predicts shift to clean energy ...News

BP expects a sharp decline in the demand for fossil fuels after 2030 The conflict in Ukraine is expected to strongly affect the world’s long-term energy demands, propelling a transition to renewables and low-carbon energy sources as countries seek to secure energy supplies, British oil major BP said in its 2023 Energy Outlook, published on Monday. The report includes three potential scenarios, largely assuming that the mix of energy supplies will start to change from 2030, with both oil and gas demand dropping as countries turn to renewables and transport electrifies. “The increased focus on energy security as a r

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British oil giant predicts shift to clean energy ...News

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