BP Boss Defends Oil And Gas Spending ...Middle East

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BP Boss Defends Oil And Gas Spending
source : OILPRICE ( Middle East ) () 17
BP boss Bernard Looney today called for an “orderly” transition to renewable energy, which will require investment in both future green energy projects and “today’s energy system, which is predominantly an oil and gas system.” “To be clear, orderly is not another word for slow. What it does mean is keeping affordable energy flowing, where and when it’s needed. Investing in the transition and investing in energy security,” Looney told a London conference today. The chief executive pointed to BP’s…

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