BP PLC (LSE:BP.)
£ 3.82 0.038 (1%) Market Cap: 60.20 Bil Enterprise Value: 86.23 Bil PE Ratio: 30.81 PB Ratio: 1.24 GF Score: 65/100

BP PLC Energy Outlook and Statistical Review of World Energy Call Transcript

Feb 14, 2019 / 02:30PM GMT
Release Date Price: £5.41 (-1.87%)
Robert Warren Dudley
BP p.l.c. - Group CEO & Executive Director

Hello, everyone. Welcome to the launch of the 2019 Energy Outlook. It's great to see so many of you here in St. James's in London. And a big welcome to the thousands of you that we see joining us on the webcast from around the world. I just looked at the number. It's 8,435. So some of them have a couple of people or more. So welcome. Welcome, everyone from everywhere.

We've been issuing the Statistical Review, which is our annual review, for over 65 years. And this is the ninth edition of the outlook, which goes out further in time. So many of you will be familiar with what it does, as I'm sure Spencer will remind you shortly. This is not a forecast. I think the lawyers have us say this, not a forecast. But we do some pretty remarkable things in this industry, but we draw a line of predicting the future. Instead, the Energy Outlook helps inform our understanding of the forces that shape the global industry, the uncertainties of energy all around the world. And one thing this year's edition certainly does is it brings into

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