A 'demand decade' ahead for energy? BP, Baker Hughes CEOs weigh the investment outlook
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Speaking at a energy conference, BP CEO Murray Auchincloss and Baker Hughes CEO Lorenzo Simonelli described a coming "demand decade" for energy, citing rising electricity needs from data centers and broader economic growth as drivers of sustained investment. The executives flagged geopolitical risk and uncertain oil prices as the main obstacles clouding the outlook, even as demand trends support new spending. The discussion points to continued capital deployment across oil, gas and power infrastructure, with investors watching whether demand growth translates into returns amid price volatility.
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Named in this story
BP, Baker Hughes