Global LNG demand is on the rise due to low prices, according to Shell CEO. Big Oil executives, including Shell's chief executive Wael Sawan, are resisting calls for a rapid energy transition, emphasizing the continued importance of oil and gas in meeting global energy needs. At the CERAWeek conference, industry leaders argue that fossil fuels, including oil and gas, still have significant growth potential despite mounting pressure for energy transition. Top oil executives at the conference express concerns over the societal cost of replacing oil and gas with alternative energy sources.
World’s top fossil-fuel bosses deride efforts to move away from oil and gas https://t.co/jI5T4eRTvF
Reuters- Falling LNG prices encouraging demand for the super-chilled gas #CERAWeek https://t.co/maZcnmQMUL
#CERAWEEK: AI-powered gas demand growth more promising than LNG, says EQT's Rice https://t.co/Foim5NJZTp
Top #oil executives took to the stage of #CERAWeek energy conference on Monday to vocally oppose calls for a quick move away from #FossilFuels, saying "society would pay a steep cost to replace oil & #gas" 🤔 https://t.co/PNQWTQYt0j
Big Oil blames climate change on the public, demands a slower energy transition https://t.co/lRbcpKS4Qb
Big Oil executives push back against calls for fast energy transition #oott https://t.co/l0zpKJUGyu
#CERAWEEK: Fossil fuel still has room to grow even as the energy transition mounts #oott https://t.co/B2AsGbOuv8
#CERAWEEK FACTBOX: No energy transition without oil, gas, LNG #oott https://t.co/EUmli10q33
Big Oil executives push back against calls for fast energy transition https://t.co/Tt3DhrlhUq https://t.co/YPfttunlcc
Oil and gas will play a role in the global energy needs for a "long, long, long time to come," said Shell chief executive Wael Sawan today. #oott https://t.co/5K8f2qWCBO
Global LNG demand is picking up due to low prices - Shell CEO https://t.co/ZbPVhMkDym https://t.co/2xtG60j6cP