OPERATIONS

China leads the way in global energy consumption

GLOBAL oil consumption fell last year for the first time since 1993, however developing countries led by China leapfrogged OECD nations in the thirst for energy, according to the latest BP Statistical Review of World Energy.

Marija Stojkovic

China leads the way in global energy consumption

In its review, BP chief executive officer Tony Hayward said the centre of gravity of the global energy markets tilted sharply and irreversibly towards the world's emerging nations. "This is not a temporary...

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