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Article: No magic solution to world energy challenges: British oil expert.

Article from:
WAM - United Arab Emirates News Agency
Article date:
September 10, 2009
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Abu Dhabi, 10th Sept. 2009 (WAM) -- There is no magic solution to world energy challenges, a British prominent energy expert has admitted, calling for governments and businesses to work together to satisfy the ever rising demand for energy.

"No magic solution - no "wonder fuel", but an evolving energy mix determined by a combination of measures on both supply and demand side " Dr Tony Hayward, Group Chief Executive of British Petroleum (BP) told a Ramadan Majlis here yesterday in the presence of H.H.

Sheikh Hamed bin Zayed Al Nahyan, Chief of Abu Dhabi Crown Prince's Court.

He believed the age of low price energy was over and a $ 60 to 70 per ...

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