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. 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
BP signed a gas sales and purchase agreement with Shenzhen Sino-Benny LPG Co Ltd on Wednesday, the first long-term deal with price indexed to international LNG in China's domestic gas market, to support China's growing energy needs.
BP has signed a sales and purchase agreement with a unit of China’s Shenzhen Gas Group Co Ltd to supply piped natural gas for 10 years starting 2023, BP said in a statement on Wednesday. Under the agreement, BP will provide Shenzhen Sino-Benny LPG Co Ltd, a wholly-owned unit of Shenzhen Gas, with up to .
Global energy major BP BP.L 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. 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 .