The 2019 edition of BP’s Energy Outlook, explores the key uncertainties that could impact the shape of global energy markets out to 2040.

The 42nd standing committee on energy in this report on stressed gas-based power plants tabled in Parliament pulled up the government for diverting coal cess to compensate States for revenue loss post-GST, and recommended financial support to the stressed gas-based power projects in the country from National Clean Energy Fund (NCEF).

This publication makes a first attempt at an integrated analysis of how Indonesia both taxes and subsidizes production and consumption of oil, gas, coal and electricity (most of which is generated with coal). The paper also explores lessons learned from Indonesia’s reduction of fiscal dependence on fossil fuels.

The consistency of oil and gas upstream investment with energy transitions is receiving increasing policy and investor attention. This paper provides a comprehensive assessment of the state of play of upstream oil and gas investment.

The World Energy Outlook (WEO) is the gold standard of long-term energy analysis. The 2018 edition provides updated analysis to show what the latest data, technology trends and policy announcements might mean for the energy sector to 2040.

Major oil and gas exporters have weathered many upheavals in recent decades but a renewed commitment to reform and economic diversification will be vital to cope with the changing dynamics of global energy.