Saudi Aramco CEO says energy transition is failing

  • 📰 thecableng
  • ⏱ Reading Time:
  • 9 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 80%

Energy News

Amin Nasser,Saudi Aramco,Energy Transition

Amin Nasser, CEO of Saudi Aramco, says the energy transition is failing and countries should abandon the “fantasy” of phasing out oil and gas. Nasser spoke at the CERAWEEK conference in Houston, United States. He believes that the current transition strategy is failing and proposes investing in oil and gas instead. He also dismisses the notion of peak oil by 2030.

Amin Nasser, CEO of Saudi Aramco, says the energy transition is failing and countries should abandon the “fantasy” of phasing out oil and gas. Nasser spoke at the CERAWEEK conference in Houston, United States.

He believes that the current transition strategy is failing and proposes investing in oil and gas instead. He also dismisses the notion of peak oil by 2030.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Saudi Aramco CEO: Energy transition failing… countries should abandon fantasy of phasing out oilNigeria's independent online newspaper
Source: thecableng - 🏆 2. / 80 Read more »

NNPC CEO Assures Energy Scarcity Issues Will Be Over in 10 YearsThe Group Chief Executive Officer, Nigerian National Petroleum Company Limited (NNPC Ltd), Mele Kyari, has assured that with the increasing spate of investment in the oil and gas sector, issues of energy scarcity in the country would be over in the next 10 years. Kyari, who made the declaration at the 7th edition of the Nigerian International Energy Summit 2024 (NIES 2024), in Abuja, informed stakeholders of the company’s commitment to partnership to close the energy deficit gap and create prosperity for Nigerians. The NNPC boss disclosed that the completion of the Obiafu-Obrikom-Oben Pipeline was in sight as the tunneling across the River Niger was currently ongoing.
Source: GuardianNigeria - 🏆 1. / 94 Read more »