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

WNews
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
Leave a comment
Report a Bug/Suggest Feature

Notice a bug on the site or want to suggest a feature. Please fill out the information below and one of our IT will look at the bug/feature report. If we have any questions or want more information, we will reach out vis email.

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 

Beta

Welcome to The New W.News

It is with great pleasure that we welcome you to W.News 6, the most extensive update ever. Please bear with us as we continue to work on and fine tune the new site. WNewsNetwork.com will remain online until June 30, 2024.