✕
MARKETS

Oil looking good long-term

BP BELIEVES oil demand will keep rising through 2035 while the world will continue to be swimming in abundant supplies, which points to a bright future for fossil fuels albeit some price pressures ahead despite the growth of renewables which is outstripping them all.

Anthony Barich
Oil looking good long-term

The UK supermajor forecast in its BP Energy Outlook issued on Wednesday that increasing prosperity in developing countries will see energy demand rise by 30% to 2035 at an average rate of 1.3% pa, though...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

MOST POPULAR

1
OPERATIONS

Santos shows financial grunt in testing times

2
OPERATIONS

Santos plans to decommission Simpson field permanently

3
EXPLORATION

Lakes Blue Energy scraps farm-in deal with Cooper Energy after better offer

4
EXPLORATION

Triangle signs rig for North Perth Basin well

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

Content
About
Solutions
Legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902

Login