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BP Exec: Industry Will Meet World’s Steep Energy Needs

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By Emily Moser, Hart Energy
February 18, 2014

Global energy consumption is expected to grow by 41% by 2035, BP Plc. (NYSE: BP) said in its recently published Energy Outlook 2035 report.

“That is slower than the last two decades where the increase was around 50%, but it is still the rough equivalent of adding another U.S. and another China to the current energy demand,” said Luke Keller, vice president of BP America.

Speaking at the Winter NAPE Business Conference on Feb. 5, Keller said the fastest growing fossil fuel will be natural gas, with demand increasing about ...

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