Energy_Transition

Low carbon electricity new growth area for BP: Looney

Supermajor boss says the company will produce less oil as industry moves to $35 per barrel ‘balance point’

New 'balance point' for the industry: says BP chief executive Bernard Looney — New 'balance point' for the industry: says BP chief executive Bernard LooneyPhoto: RACHEL CZECHOWSKYJ/UPSTREAM

Anamaria Deduleasa

London

Published 12 June 2020, 06:48Updated 12 June 2020, 06:48

BP United Kingdom Bernard Looney IHS Markit Daniel Yergin