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Oil industry needs to harness new tech to meet growing demand in Asia: BP CEO

BP CEO Bob Dudley said that the industry needs to continue its progress in developing and producing hydrocarbons efficiently and at a lower cost, as well as producing cleaner hydrocarbons such as natural gas.


WHILE energy demand is slowing due to improving energy efficiency, it will still grow by 30 per cent over the next two decades, with almost all of that coming from emerging economies, especially Asia.

This means that the oil and gas industry needs to produce hydrocarbons...

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