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In this final installment of conversations from the Center on Global Energy Policy’s recent annual Global Energy Summit, host Jason Bordoff is joined by Bernard Looney, CEO of bp, to discuss bp’s planned transformation from an oil and gas company to an integrated energy company, a little more than one year into the strategy. Jason and Bernard talk through the impact of the Covid-19 pandemic on the company and energy markets, what the new strategy means in practice, and what bp’s portfolio will look like in the future.
Bernard Looney is Chief Executive Officer of bp, and has been with the company for 3 decades. He started off as a drilling engineer, and then later, oversaw BP’s oil and gas exploration, development, and production activities worldwide before taking the helm last year.
Indonesia’s economy is closely tied to its natural resources. It’s the world’s fourth largest producer of coal, and Southeast Asia’s largest gas supplier. But even with its connection...
Across the U.S., large scale renewable energy projects, transmission lines, and mining sites for critical minerals are built on or near tribal lands. For example, the federal government...
Geopolitics looms large over the global economy. A recent client survey by Goldman Sachs found geopolitics is the top investment risk of this year, overtaking inflation and the...
Cleaner alternatives to the oil and gas that power vital industries are necessary for economy-wide decarbonization. E-fuels, or electrofuels, are touted by some as a carbon neutral solution...
The idea of a global electricity market has always been a bit of a misnomer. [post-anchor id="1" scroll="down"] Fuels such as gas, oil, coal typically travel around the...
As of April 2024, 58 national hydrogen strategies and roadmaps have been published[1], while many other countries have mentioned targets[2]. A few strategies (Germany, France, Japan) have already...