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

CNOOC Starts Production from Deepwater Gas Project in South China Sea

OPEC+ Has Oil Price and Demand Problems. It Should Solve Demand

Izomax Wins a Milestone Contract with Shell

Heat Drives Asian LNG Spot Price Spike

‘World’s Largest’ Floating Wind Platform on Its Way to Offshore Site in China

Equinor Picks SHI as Preferred Supplier for Korean 750 MW Floating Wind Project

Jadestone Energy Secures Four Shallow Water Fields Offshore Malaysia

South Korea's SK Innovation Agrees Merger with SK E&S as Part of Overhaul

CNOOC’s Ultra-Deep Well in Bohai Bay Outperforms Target

FPSO Newbuild for Petrobras’ Búzios Field Taking Shape in China

Current News

Malaysia's FPSO Firm Bumi Armada Eyes Merger with MISC’s Offshore Unit

Global OTEC Presents OTEC Power Module for Remote Offshore Platforms

Beam’s AI-Driven AUV to Hit Offshore Wind Market in 2025

CRC Evans Secures Work at Qatar’s Largest Offshore Oil Field

Blackford Dolphin Kicks Off Long-Term Drilling Campaign Offshore India

India Defends Propping Up Russian Oil - Prices "would have hit the roof"

Valeura Energy Consolidates Thai Oil and Gas Assets

TotalEnergies Inks 15-Year LNG Supply Deal with China’s Sinopec

Shelf Drilling Secures $200M Contract Extensions with Chevron for Thailand Ops

Floating Wind and the Taming of Subsea Spaghetti

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