BP Review: Global Energy Consumption Rose by 1.3% in 2019

Ron Bousso
Wednesday, June 17, 2020

BP published its benchmark Statistical Review of World Energy for 2019 on Wednesday which showed that renewable power accounted for over 40% of the growth in primary energy.

Here are some highlights from the report which can be downloaded here

* Primary energy consumption rose by 1.3% in 2019, less than half the rate the previous year

* Carbon emissions from energy use grew by 0.5% in 2019, down from 2.1% in 2018

* Renewables accounted for more than 40% of the global in primary energy

* Natural gas consumption increased by 2%

* The share of natural gas in the energy mix rose to a record 24.2%

* Oil consumption grew by 0.9%, or 900,000 barrels per day

* Coal's share of primary energy fell to its lowest level in 16 years at 27%

* Coal was still the single largest source of power generation, accounting for over 36% of global power

* China accounted for more than three-quarters of net global energy growth, while the United States and Germany posted the largest declines 

(Reporting by Ron Bousso; editing by Jason Neely)

Categories: Energy Industry News Activity Oil Production Gas Renewables

Related Stories

PTTEP Orders OneSubsea Systems for Two Deepwater Projects off Malaysia

Sponsored: UAE Breaks Ground on GW-Scale Renewable Energy Hybrid

ABL Secures Rig Moving Assignment with India's ONGC

Pakistan, Türkiye Deepen Oil and Gas Ties with Offshore Indus-C Block Deal

Vietsovpetro Brings BK-24 Oil Platform Online Two Months Early

Ventura Offshore’s Semi-Sub Rig to Keep Drilling for Eni in Asia

Saipem Wins FEED Contract For Abadi LNG Project FPSO Module In Indonesia

China Starts Production at Major Oil Field in Bohai Sea

CNOOC Finds Oil and Gas in South China Sea

Seatrium Makes First Turnkey FPSO Delivery to Petrobras

Current News

PTTEP Orders OneSubsea Systems for Two Deepwater Projects off Malaysia

Russia's Lukoil Takes Up Gunvor’s Offer for Foreign Assets

How Hot Is Your Cable? Understanding Subsea Cable Thermal Performance

Sponsored: UAE Breaks Ground on GW-Scale Renewable Energy Hybrid

Pertamina Joins Petronas in Ultra-Deepwater Asset off Indonesia

Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties

Southeast Asia’s 2GW Cross-Border Offshore Wind Scheme Targets 2034 Buildout

Pharos Energy Kicks Off Drilling Campaign Offshore Vietnam

Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential

US Pressure on India Could Propel Russia's Shadow Oil Exports

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com