Fuelling the economy

The Machinist presents excerpts from the white paper on Oil and Gas from India Brand Equity Foundation
India is the fifth largest energy consumer in the world with primary commercial energy consumption in 2004 of 375.8 Million Metric Tonnes of Equivalent (MMTOE) (Source: bp statistical survey 2005). In 2004, the consumption of oil and gas formed a major percentage in the world energy consumption basket. In India, however, coal dominated the consumption basket. Energy consumption grew at an average compounded annual growth rate (CAGR) of 3.8 per cent in the period 1999-2005 with the GDP growing at CAGR of 6.3 per cent resulting into a very attractive GDP elasticity of little above 0.6...... more>>

Sustainable development

Vivienne Cox, Executive Vice President and CEO of Gas, Power & Renewables and Shipping, BP plc, presents The Business Case for Low Carbon Power – an International Perspective

Recently, Vivienne Cox, BP’s Executive Vice President and CEO of Gas, Power and Renewables and Shipping gave a speech entitled: ‘The Business Case for Low Carbon Power – An International Perspective.’ Her speech was given at the Energy Institute, New Delhi, India and discussed what BP is doing around the world, focussing in particular on BP Alternative Energy and the generation of power from low carbon sources such as solar, wind, gas and hydrogen. She also discussed BP’s activities in India, in particular, Tata BP Solar, the joint venture formed with Tata nearly two decades ago....more>>