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BP‘s head of customers and products Emma Delaney told Reuters “If I think about a tank of fuel versus a fast charge we are nearing a place where the business fundamentals on the fast charge are better than they are on fossil fuel” BP reported its electricity sales for EV charging grew 45 percent from Q2 to Q3 of 2021.

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For example BP’s 2020 GDP assumption for the year 2040 is 13 percent lower than that in 2019’s outlook and the IEA’s assumptions were 7 percent lower as illustrated in Figure 16 As we discussed in last year’s Global Energy Outlook energy projections tend to assume that a consistent longterm GDP growth rate is on the high end of the historically observed range.

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BP‘s head of innovation and engineering David Eyton will retire on March 1 and will be replaced by LeighAnn Russell according to a company memo seen by Reuters Eyton part of Chief Executive.