BP raises oil and gas outlook in response to AI boom and slowing efficiency gains

Michael Holder
clock • 6 min read
Credit: iStock
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Credit: iStock

Annual Global Energy Outlook raises expectations for near and long term fossil fuel demand, fuelling fears net zero goals will be missed even as renewables generation continues to surge

BP has raised its expectations for global oil and gas demand over the coming decades, claiming the current trajectory of fossil fuel and clean energy demand will likely result in net zero targets for 2050...

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