BP calls for investment in long-term energy deals, storage to meet future demand

Global energy major BP called on Thursday for more investments in longer term energy contracts, storage and the diversification into various fuels to build a robust energy system in future.

BP calls for investment in long-term energy deals,
The call comes after coal, oil and gas prices surged to all-time or multi-year highs in recent weeks hammering utilities and consumers from Europe to China, raising inflationary pressures, putting at risk a global recovery from COVID19 . Source: Reuters

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