Bp oil report 2020
Peak oil demand and long-run prices The point at which oil demand will peak has long been a focus of debate. BP chief economist Spencer Dale and Bassam Fattouh, director of The Oxford Institute for Energy Studies, argue that this focus seems misplaced. By 2021, we expect to add 900 mboed of new production net to BP from our major projects compared with our 2015 base portfolio, the majority of which have passed through the final investment decision and are complete or well under construction.