BP ‘leaning in’ on energy transition, but world needs reliable, affordable supply: CEO Looney

Maintaining economic stability and security of energy supply requires investing in “today’s energy system” as well as new transition technologies, with the UK set to play a leading role, BP CEO Bernard Looney said Feb. 28, defending the company’s revamped strategy. Speaking at the International Energy Week conference, Looney defended a strategy shift by BP earlier in February, entailing greater…