BP's 2020 benchmark Energy Outlook underpins Chief Executive Bernard Looney's (pic) new strategy to "reinvent" the 111-year old oil and gas company by shifting renewables and power.
LONDON: Fossil fuel consumption is set to shrink for the first time in modern history as climate policies boost renewable energy while the coronavirus epidemic leaves a lasting effect on global energy demand, BP said in a forecast.
BP's 2020 benchmark Energy Outlook underpins Chief Executive Bernard Looney's new strategy to "reinvent" the 111-year old oil and gas company by shifting renewables and power.
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