Energy Library

August 5, 2020

The Statistical Review of World Energy analyses data on world energy markets from the prior year.
The Review has been providing timely, comprehensive and objective data to the energy community since 1952.

Visit BP Website and Download Report to know more.

Chief Executive Officer’s introduction

The COVID-19 pandemic may well turn out to be the most tragic and disruptive event that many of us will ever live through. As I write this – in the middle of June – over 400 thousand people globally have lost their lives to the infection. Millions more might have done so without the widespread lockdown of economies across the world, which came at huge economic and social cost.

This combined health and economic shock is bound to reshape the global economic, political and social environment in which we all live and work. It has the potential to accelerate emerging trends and create opportunities to shift the world onto a more sustainable path. But it also risks slowing progress if the short-term, domestic issues raised by COVID-19 are prioritized over long-term, global challenges, such as climate change.

It feels like the world is at a pivotal moment: it needs to address these short-term concerns but in a way that builds back better. The technologies required to reach net zero exist today – the challenge is to use them at pace and scale, and I remain optimistic that we can make this happen.”

Bernard Looney
Chief Executive Officer
June 2020