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2015-11-03 19:30:00

THE DOUBLE OIL & GAS

THE DOUBLE OIL & GAS

The world is no longer at risk of running out of oil or gas for decades ahead with existing technology capable of unlocking so much that global reserves would almost double by 2050 despite booming consumption, oil major BP (BP.L) said on Monday.

When taking into account all accessible forms of energy including nuclear, wind and solar, there are enough resources to meet 20 times what the world will need over that period, David Eyton, BP Group Head of Technology said.

"Energy resources are plentiful. Concerns over running out of oil and gas have disappeared," Eyton said at the launch of BP's inaugural Technology…

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Tags: OIL, GAS, BRITISH, PETROLEUM, BP
Chronicle:
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