BP PLC BP PLC Statistical Review of World Energy 2019 Transcript

Jun 11, 2019 / 01:30PM GMT
Robert Warren Dudley - BP p.l.c. - Group CEO & Executive Director

Well, good afternoon, everyone, and thank you for those here in London who are joining us here today and everybody joining us on the global webcast. We've got thousands of people on the line as well as you here in London. I see some new faces in the room today and many familiar ones as well. You are all very welcome to be here.

I appreciate you all taking the time to be here for what is now the 68th annual edition of the BP Statistical Review. I've introduced 8 or 9 editions now. And I usually start by saying what a remarkable year it's been. Does that sound familiar? But it's true again this year, even more so I think. 2018 was just astonishing. There have been some incredible developments and not all for the better. Spencer will work through the details in a few minutes.

But first let me start off with my 3 big takeaways from 2018. And the first of those is by far the most unwelcome development. The world needs carbon emissions to fall dramatically, but they continue to grow. And energy-related emissions are not just

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