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Vol. 26, No.29 Week of July 18, 2021
Providing coverage of Alaska and northern Canada's oil and gas industry


An extraordinary year

BP Statistical Review reports huge drop in energy use, carbon emissions in 2020

Alan Bailey

for Petroleum News

The COVID-19 pandemic caused a massive drop in energy consumption during 2020, mainly as a consequence of a fall in oil usage, according to BPs annual Statistical Review of World Energy. The drop in oil consumption came primarily as a result of the pandemic related shutdown and the crash in transpo....

    [additional news subjects in this story]

Drop in global demand

Initial oversupply

Natural gas demand

Electricity consumption


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