{"id":373401,"date":"2020-09-14T08:38:59","date_gmt":"2020-09-14T03:08:59","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=373401"},"modified":"2020-09-14T09:09:35","modified_gmt":"2020-09-14T03:39:35","slug":"bp-says-era-of-oil-demand-growth-over-may-not-return-to-pre-covid-levels","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bp-says-era-of-oil-demand-growth-over-may-not-return-to-pre-covid-levels\/","title":{"rendered":"BP says era of oil-demand growth over, may not return to pre-Covid levels"},"content":{"rendered":"<p>BP Plc said the relentless growth of oil demand is over, becoming the first supermajor to call the end of an era many thought would last another decade or more. <\/p>\n<p>Oil consumption may never return to levels seen before the coronavirus crisis took hold, BP said in a report on Monday. Even its most bullish scenario sees demand no better than \u201cbroadly flat\u201d for the next two decades as the energy transition shifts the world away from fossil fuels. <\/p>\n<p>BP is making a profound break from orthodoxy. From the bosses of corporate energy giants to ministers from OPEC states, senior figures from the industry have insisted that oil consumption will see decades of growth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BP Plc said the relentless growth of oil demand is over, becoming the first supermajor to call the end of an era many thought would last another decade or more. Oil consumption may never return to levels seen before the coronavirus crisis took hold, BP said in a report on Monday. Even its most bullish scenario sees demand no better than \u201cbroadly flat\u201d for the next two decades as the energy transition shifts the world away from fossil fuels. BP is making a profound break from orthodoxy. From the bosses of corporate energy giants to ministers from OPEC states, senior [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-373401","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/373401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=373401"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/373401\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=373401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=373401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=373401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}