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The Energy Outlook explores the forces shaping the global energy transition out to 2040 and the key uncertainties surrounding that transition. The Outlook considers a number of different scenarios. These scenarios are not predictions of what is likely to happen or what BP would like to happen. Rather, they explore the possible implications of different judgements and assumptions by considering a series of “what if” experiments. The scenarios consider only a tiny sub-set of the uncertainty surrounding energy markets out to 2040; they do not provide a comprehensive description of all possible future outcomes. For ease of explanation, much of the Outlook is described with reference to the ‘Evolving Transition’ scenario. But that does not imply that the probability of this scenario is higher than the others. Indeed, the multitude of uncertainties means the probability of any one of these scenarios materializing exactly as described is negligible. The Energy Outlook is produced to aid BP’s analysis and decision-making, and is published as a contribution to the wider debate. But the Outlook is only one source among many when considering the future of global energy markets. BP considers the scenarios in the Outlook, together with a range of other analysis and information, when forming its long-term strategy.

The BP Statistical Review of World Energy has provided high-quality, objective and globally consistent data on world energy markets. The Review is one of the most widely respected and authoritative publications in the field of energy economics, used for reference by the media, academia, world governments and energy companies. A new edition is published every June. Historical data from 1965 for many sections.

The Energy Statistics Database contains basic statistics for more than 215 countries/territories. Currently, the database provides time series for the period 1950-2009 and is updated annually during the period October-November.The Energy Statistics Database provides statistics on production, trade, transformation and consumption (end-use) for primary and secondary, conventional, non-conventional and new and renewable sources of energy, as well as population estimates to enable the calculation of per capita indicators. The database contains data in their original units (e.g. metric tonnes, GWh) and also calorific values to allow interfuel comparison in a common energy unit (terajoules). The main source of information for the Energy Statistics Database is the UNSD Annual Questionnaire on Energy Statistics. Additional sources of information for the database include national, regional and international statistical publications (including, but not limited to publications from: the International Energy Agency (OECD/IEA), the Statistical Office of the European Communities (Eurostat), the International Atomic Energy Agency (IAEA), the Organization of the Petroleum Exporting Countries (OPEC), the Organización Latinoamericana de Energía (OLADE), etc.). The Statistics Division prepares estimates where official data are incomplete or inconsistent.