'We should abandon the fantasy of phasing out oil and gas': Saudi oil CEO

By WNews 1 Min Read

The head of the world’s largest energy company on Monday urged the world to accept the hard reality that oil and natural gas will be around for a long time to come and consumption of both sources of energy are likely to grow for at least the next decade or two.

In a speech at a Houston energy conference, Saudi Aramco CEO Amin Nasser described the ambitious timetables of environmental groups as failing because the world continues to consume record amounts of fossil fuels every year.

“We should abandon the fantasy of phasing out oil and gas and instead invest in them

Share This Article
By WNews
Follow:
WNews bring the latest news in an objection, balance and honest.
Leave a comment
Reading: 'We should abandon the fantasy of phasing out oil and gas': Saudi oil CEO

(C) 2012 – 2024  | WNews Broadcasting Corp, a W-World Company | All Rights Reserved

Connect
with Us

Report a Error with this Story

Notice a error or facts with this story, please submit the information below and someone from our newsroom will review it and change if required