Global energy major BP called on Thursday for more investments in longer term energy contracts, storage and the diversification into various fuels to build a robust energy system in future.
BP's new Chief Executive Bernard Looney gives a speech in central London, Britain February 12, 2020. REUTERS/Toby Melville/File Photocalled on Thursday for more investments in longer term energy contracts, storage and the diversification into various fuels to build a robust energy system in future.
Globally buyers and consumers are advocating for higher investment in energy assets for continued and affordable supplies."I think the real question is not about how it looks today because, in general, things are being supplied today, I think the question is what would it look like as we head into the winter months," BP Chief Executive Bernard Looney said at the Indian Energy Forum.
"We intend to double down on and grow, particularly here in Europe, particularly in China and looking at the United States," Looney said referring to BP's EV charging business.
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