Loading...
Saudi Aramco, the world's largest oil producer, is reportedly looking at further investments in liquefied natural gas (LNG), according to its CEO. This comes despite the company's shift towards its core oil and gas businesses. Shell CEO Wael Sawan also expressed his belief in urgent climate action, despite the company's focus on oil and gas. However, Saudi Aramco's CEO stated that the renewable energy industry is not yet capable of meeting global energy demand. The CEO also emphasized the need for COP28 to prioritize reducing fossil fuel emissions rather than output. Additionally, an executive warns that some energy demand in Europe may be lost permanently after a challenging year for the oil and gas sector.
Some demand for energy in Europe could be 'lost forever' after a terrible year for oil and gas, exec says https://t.co/6ELH8CyTvy
Saudi Aramco CEO: COP28 should focus on cutting fossil fuel emissions, not output https://t.co/BToXQhju6D https://t.co/R3WRfyuljp
The renewable energy industry is not ready to shoulder the “heavy” global energy demand right now, Saudi Aramco's chief executive says. (via @jackvdutton) https://t.co/xAJpalk8xx
Shell CEO Wael Sawan tells the company’s staff that he “believes in urgent climate action,” despite shifting focus toward its core oil and gas businesses https://t.co/146nv1EhNv
Saudi Aramco looking at additional investments in LNG- CEO https://t.co/oqVnibP0Q0 https://t.co/EmdM99np6H
⚠️ VITOL CEO: **SAYS DEMAND FOR GAS IN EUROPE HAS SEEN A REMARKABLE DROP **WE EXPECT SOME OF THE LOST GAS DEMAND IN EUROPE TO STAY LOST FOREVER