Investment into the renewables energy sector has taken a distinct downturn, it has been confirmed by one BP executive.
The lack of funding has come largely as a result of the sharp fall in the price of oil, BP Alternative Energy chief executive Vivienne Cox said, speaking at the World Future Energy Summit in Abu Dhabi.
"Like everyone else, we are looking at our total capital budget and we will tell you in February how we are placed," she explained.
"It would be foolish to say there are no limits on capital spending in the existing portfolio."
The fluctuating price of oil is also a constant threat to supply chain managers across the UK.
The external factors which dictate the cost of fuel for supply chain managers has long been a barrier to accurate balance sheet forecasts, but those companies hoping to reduce exposure to high costs during the current economic downturn could benefit from contacting a supply chain management company.
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