View analysts' price targets for BP or view top-rated stocks among Wall Street analysts. (13 May 2021) Brent crude oil prices will average $62.26 per barrel in 2021 and $60.74 per barrel in 2022 according to the forecast in the most recent Short-Term Energy Outlook from the US Energy Information Administration (EIA). Growth during 2015 and 2016 was the lowest over a two-year period since 1997-98. The authoritative dataset for the BP Statistical Review of World Energy 2007 is to be found in an Excel workbook on the Download pages of the website. 5 Mass layoffs and heightened cyclicality in employment continue to challenge the industry's reputation as a reliable . All fuels except oil and nuclear power grew at below-average rates. The Annual Energy Outlook narrative is the primary discussion of the Annual Energy Outlook 2022. lower in Rystad Energy's second-wave scenario. It will unfold over decades, moving at different paces in different places. Looking out to 2050 - a decade further than in previous editions - the Outlook is focused around three main scenarios. The Energy Data Brief offers key statistics designed to help energy market watchers anticipate and respond to developments in the energy sector as well as changes in related industries and investments. Conversion calculator The Paris Agreement has sent a signal around the world: climate change is a serious issue that governments are determined to address. World Energy Outlook The gold standard of energy analysis About the WEO Published every year based on objective data and dispassionate analysis, The World Energy Outlook (WEO) provides critical analysis and insights on trends in energy demand and supply, and what they mean for energy security, environmental protection and economic development. (NYSE:BP) sent shockwaves through the energy markets after it declared that the world was already past Peak Oil demand. US dollars/barrel. Statistical Review of World Energy - all data, 1965-2020 xlsx / 3.1 MB Add item. Our Outlook For BP Going Into 2020: Crude oil and NGL sales may recover as prices recover, with BP's increasing presence in Asia, vis a vis, Reliance in India and various other operations, we. The energy future. 2021. Source: U.S. Energy Information Administration, Annual Energy Outlook 2021 (AEO2021) www.eia.gov/aeo Energy imports and exports 0 10 20 30 40 1990 2010 2030 2050 . Find the latest BP p.l.c. BP's total assets 2009-2021. Published by N. Sönnichsen , Mar 31, 2022. We see this transformation of the global energy supply in the interactive chart shown here. Follow. This year, the full World Energy Outlook report (PDF) is provided free of charge. 1. bulgaria, croatia, cyprus, lithuania, malta . Almost all of the projected growth (96 percent) is from the developing countries with energy consumption growing at 2.2 percent per year. BP held approximately 287.3 billion U.S. dollars in total assets in 2021. Full PDF Report. Energy Transition Outlook 2017. dnv gl energy transition outlook - oil and gas . Excel Data File. Schedule and manage appointments, meetings, or events. Table 2. Send, receive, and manage your email. The atmospheric CO 2 increase above pre-industrial levels was, initially, primarily caused by the release of carbon to the atmosphere . These scenarios are not predictions of what is likely to happen or what bp would like to happen. Carbon emissions from energy use grew by 0.5% in 2019, only partially unwinding the unusually strong growth of 2.1% seen in 2018. Tweet. MOST RECENT 2020 Annual Report. BP. 14 kB. See Top Rated MarketRank™ Stocks Here About BP (NYSE:BP) This emphasis on sound data provides a unique platform for . In our core Economic Transition Scenario, global carbon emissions from energy use drop 8% in 2020 and now appear to have peaked in 2019. Renewable energy, excluding hydroelectric power, is expected to almost triple its share by 2035, but still only represent just 8 percent of global supply. The BP Statistical Review of World Energy 2021 reveals that the COVID-19 pandemic had a dramatic impact on energy markets, with both primary energy demand and carbon emissions falling at their fastest rates since World War II. Major topics include production, stocks, reserves, prices, and forecasts, as well as energy company financials. On average, they expect BP's share price to reach $126.81 in the next year. United States. Shell LNG Outlook 2020. Data warehouse Database OECD.Stat. For industry and buildings it's 16% and 12% down by 2030 and 58% and 55% by 2040. at 161 billion bbls (aer st98 2020 estimate)2 eia estimates us crude oil reserves at 38.2 billion bbls at year-end 2020 3 oecd countries: canada, usa, mexico, chile, turkey, israel, australia, new zealand, japan, south korea and 22 eu countries (excl. World Indicators Database IEA World Energy Statistics and Balances. Press Presentation PDF PPT. Table 2.1. Shipping Information. From 2035 to 2050, gas demand will decline by 0.4 percent. According to BP's energy outlook, fossil fuels will continue to provide most of the world's energy, supplying 81 percent of global supply in 2035. This is far more than was consumed by the . Click the button below to request a report when hardcopies become available. According to analysts' consensus price target of $126.81, BP has a forecasted upside of 282.9% from its current price of $33.12. This represents a rebound from the 2020 average of $41.69 per barrel, but it is still lower than pre-COVID . The company's total assets increased by some 7.3 . Global demand for liquefied natural gas (LNG) grew by 12.5% to 359 million tonnes in 2019, according to Shell's latest annual LNG Outlook - a significant increase that bolsters LNG's growing role in the transition to a lower-carbon energy system. Conventional onshore gas production Energy consumption worldwide from 2000 to 2018, with a forecast until . The World Energy Outlook (WEO) is the gold standard of long-term energy analysis. Free. What I show as "BP-Other" includes ethanol and other modern biofuels, wind, geothermal, and solar. Their forecasts range from $4.10 to $500.00. The publication is a means to highlight and further the understanding of the many possible future challenges and opportunities that lie ahead for the oil industry. declining from about 2020 along with offshore gas production while unconventional onshore gas rises to a plateau. bp's Statistical Review of World Energy provides an overview of what happened to energy markets in the prior year and a guide to future trends. Nevertheless, renewable energy continued to grow, with solar power recording its largest ever increase. (BP) stock quote, history, news and other vital information to help you with your stock trading and investing. card product data. It graphs global energy consumption from 1800 onwards. In the company's 2020 Energy Outlook, chief executive Bernard Looney pledged that BP would increase its renewables spending twentyfold to $5 billion a year by 2030 and ". 3 | bp Energy Outlook: 2020 edition 2 | The Energy Outlook explores the forces shaping the global energy transition out to 2050 and the key uncertainties surrounding that transition The Energy Outlook considers a number of different scenarios. Primary energy consumption in the United States has oscillated since 1998, peaking at 97 exajoules in 2007. This year's 70th edition of the bp Statistical Review helps to make sense of the most tumultuous events affecting energy markets in . It also describes ongoing FE hydrogen-related research and development (R&D). Use this section to download the printed edition of the Statistical Review of World Energy, the Excel data - and more . According to BP, primary energy consumption is expected to increase by 37 percent between 2013 and 2035, with annual growth averaging 1.4 percent. A new energy system is emerging. Gas will be the strongest-growing fossil fuel and will increase by 0.9 percent from 2020 to 2035. Two years ago, British oil and gas supermajor BP Plc. Stockholders of record on Monday, April 18th will be given a dividend of $1.0875 per share on Wednesday, April 20th. emissions from energy use Gt of CO 2 bp Energy Outlook Gt of CO 2 CO 2 Emisisons CO 2 Net Zero in 2050 Mt of CO 2 per EJ g of CO 2 e/MJ Tonnes of CO 2 per head Name Email Street Address City State (USA Only) 12 kB. February 26, 2015. MOST RECENT 2020 Annual Report. Strengthened our climate ambitions by setting an ambition to reach net-zero emissions by 2050, including emissions from production and use of energy. 2020. This is a boost from BP Prudhoe Bay Royalty Trust's previous quarterly dividend of $0.58. They rise again with economic recovery toward 2027 but then decline 0.7% year-on-year to 2050, putting the world on track for 3.3 degrees of warming in 2100. Road transport emissions must fall 11% by 2030, then 80% below 2019 levels in 2040. BP energy outlook 2020 and solutions for advanced mobility . The 2018 edition provides updated analysis to show what the latest data, technology trends and policy announcements might mean for the energy sector to 2040. In 2020, fossil fuels were by far the main source of primary energy consumption in Venezuela. Excel files. 13 kB. Contact The Expert. The concentration of carbon dioxide (CO 2) in the atmosphere has increased from approximately 277 parts per million (ppm) in 1750 (Joos and Spahni, 2008), the beginning of the Industrial Era, to 409.85 ± 0.1 ppm in 2019 (Dlugokencky and Tans, 2020; Fig. Regional energy consumption and prices by sector. Global primary energy consumption by country 2020. Download the latest edition of the Energy Outlook, supporting resources or our country and regional insight factsheets 2022 downloads Energy Outlook Select a key report Energy Outlook pdf / 2.6 MB Energy Outlook - summary tables xlsx / 1.2 MB Energy Outlook - charts data pack xlsx / 840.1 KB Country and regional insights The report examines pathways out of the crisis that emerged from the Covid-19 pandemic, as well as longer-term trends, exploring how India's energy . In 2020, fossil fuels accounted for nearly 67 percent of the primary energy consumption in Peru. 13kB - Opens in new window Consolidated Balance Sheet. I omit broadly defined biofuels (which would include animal feed and whale oil, among other things) used in Figure 2, and instead show a grouping of modern energy sources from BP statistical data. But transport Bruna Alves. The company said the global energy industry is undergoing a "pronounced shift" to renewables as . The tables below contain regional and other more detailed projections underlying the AEO2022 projections. High . . Rising incomes in emerging market and developing economies create strong underlying demand for mobility, offsetting reductions in oil use elsewhere. Industry Outlook . Combined, natural gas and oil accounted for more than 80 percent of the total consumption . India Energy Outlook 2021 explores the opportunities and challenges ahead for India as it seeks to ensure reliable, affordable and sustainable energy to a growing population. The Other division continues to see low growth, but with BP's increasing foray into renewable energy, this sector will pick up the pace into 2020. By 2020, figures had decreased to 87.8 . Oil was the leading fuel consumed in the country that year, at 0.40 exajoules, followed by natural . Release Date. Reference. OPEC's World Oil Outlook (WOO) is part of the Organization's commitment to market stability. Looking out to 2050 - a decade further than in previous editions - the Outlook is focused around three main scenarios. Download one free! During the first six months of 2020, market uncertainties persisted for all energy sources, including liquid fuels, electricity, coal, natural gas, and renewables. It is also a channel to encourage dialogue, cooperation and transparency between OPEC . 1). Download one free! (tables 2-18.9) Energy consumption by sector and source. Name Email Street Address City State (USA Only) Oct 19 2020. This early a ssessment showed that the Covid -19 crisis is hurting - but not halting - global China is the largest consumer of primary energy in the world, using some 145.46 exajoules in 2020. The 2020 edition of the bp Energy Outlook explores possible paths for the global energy transition, how global energy markets may evolve over the next thirty years and the key uncertainties that may shape them. In 2020, the world consumed 88.5 million barrels per day (BPD) of oil. Change in primary energy use, past and future Million tonnes of oil equivalent 10 15 20 25 30 35 0.20 0.25 0.30 0.35 0.40 0.45 0.50 0.55 0.60 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 Source: BP Statistical Review of World Energy, Conference Board.