Aramco CEO Amin Nasser says notion of peak oil demand driven by policies, not markets

Aramco CEO Amin Nasser says notion of peak oil demand driven by policies, not markets

The CEO of Saudi Arabian oil giant Aramco on Monday pushed back against forecasts of peak oil demand, and said the narrative of the current energy transition was based on “unrealistic” assumptions and scenarios. Speaking at the World Petroleum Congress in Calgary, Aramco CEO Amin Nasser said talk of peak oil demand had come up … Read more

Saudi Aramco to prioritise energy supply to China for 50 years, says CEO

Saudi Aramco to prioritise energy supply to China for 50 years, says CEO

Saudi Aramco will ensure China’s energy security remains its highest priority for the next 50 years and beyond as new and existing energy sources run in parallel for some time, CEO Amin Nasser told the China Development Forum on Sunday. Saudi Arabia, the world’s biggest exporter, retained its position as China’s top supplier in the … Read more