Saudi Aramco CEO Amin Nasser called for a reset of the energy transition strategy, stating that the idea of phasing out oil and gas should be abandoned. Nasser argued that demand for fossil fuels is expected to continue growing in the coming years and policymakers should focus on reducing emissions instead. He made these remarks during a panel interview at the CERAWeek by S&P Global energy conference in Houston, Texas.
Saudi Aramco CEO Amin Nasser called for a reset of the energy transition strategy, stating that the idea of phasing out oil and gas should be abandoned. Nasser argued that demand for fossil fuels is expected to continue growing in the coming years and policymakers should focus on reducing emissions instead.
He made these remarks during a panel interview at the CERAWeek by S&P Global energy conference in Houston, Texas.
Saudi Aramco CEO Energy Transition Phasing Out Oil And Gas Fossil Fuels Emissions Demand Ceraweek
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gulf oil giants Saudi Aramco, Adnoc set sights on lithiumSaudi Arabia and the United Arab Emirates' national oil companies plan to extract lithium from brine in their oilfields, while others look to brine sources
Read more »
Saudi oil giant Aramco announces $121 billion profit last year, down from 2022 recordSaudi oil giant Aramco has reported a $121 billion profit last year, down from its 2022 record due to lower energy prices. Aramco made the announcement in a filing in Riyadh’s Tadawul stock market. It had reported a $161 billion profit in 2022, likely the largest ever reported by a publicly traded company.
Read more »
Saudi oil giant Aramco posts 25% fall in full-year profitSaudi Arabia’s state oil giant Aramco reported a 25% decline in profit to $121.3 billion in 2023, down from $161.1 billion in 2022. “The…
Read more »
Saudi oil giant Aramco announces $121 billion profit last year, down from 2022 recordSaudi oil giant Aramco says it made $121 billion profit last year, down from its 2022 record due to lower energy prices.
Read more »
Saudi oil giant Aramco announces $121 billion profit last year, down from 2022 recordSaudi oil giant Aramco says it made $121 billion profit last year, down from its 2022 record due to lower energy prices.
Read more »
Saudi oil giant Aramco announces $121 billion profit last year, down from 2022 recordSaudi oil giant Aramco says it made $121 billion profit last year, down from its 2022 record due to lower energy prices
Read more »