We must take the right decisions now
1 Dec 2008
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Sabina Griffith
"We must take the right decisions now," says Iain Conn, BP Chief Executive responsible for Refining and Marketing. "The world is not running out of hydrocarbons, but the global oil market, for example, is a lot tighter than it was 15 to 20 years ago [...] There is an urgent requirement for investment into new capacity and the IEA estimates $22 trillion of new investment in energy is required by 2030."