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In BP's Energy Outlook 2020, BP stated that the changing energy landscape coupled with the economic toll of the COVID-19 pandemic means that the global crude demand will never again surpass 2019's average. All three scenarios in the outlook see the consumption of coal, oil, and natural gas dropping while the role of renewable energy will soar.
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BP Plc wants to be part of an effort to build up natural gas infrastructure in Brazil, an executive said on Tuesday, and believes a power plant it is building in Rio de Janeiro could eventually be ...
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The heating value depends on the source of gas that is used and the process that is used to liquefy the gas. The range of heating value can span ±10 to 15 percent. A typical value of the higher heating value of LNG is approximately 50 MJ/kg or 21,500 BTU/lb. [2] A typical value of the lower heating value of LNG is 45 MJ/kg or 19,350 BTU/lb.
Papua New Guinea has exported liquefied natural gas (LNG) since 2014. [1] The LNG sector is important to PNG's economy with US$2.95 billion in exports in 2020, and accounting for 5.25% of the GDP in 2019. [2] On a global scale, PNG is a minor player, with 0.08% of world reserves [2] In 2020, PNG was ranked 16th on the list of gas exporting ...
BP p.l.c. (NYSE:BP) inked a deal under which Apollo Global Management, Inc. (NYSE:APO) managed funds will acquire a non-controlling stake in BP Pipelines TAP Limited for around $1 billion. The bp ...
BP Shipping is the maritime arm of British headquartered global oil company, BP. The unit covers the marine transport, logistics and insurance requirements of all BP's global activities. Formed in 1956 as the BP Tanker Company, its roots go back to the British Tanker Company, which was formed to carry products for the Anglo-Persian Oil Company ...