Aramco Chief Says Renewables still not enough to Cover Demand

Saudi oil giant Aramco’s Chief Executive on Monday told a panel on the sidelines of the COP28 climate summit in the UAE that that all the renewable energy coming to market is still not enough to handle additional demand.
Aramco CEO Amin Nasser added that more investment in the oil and gas sector is still needed.

About Parvin Faghfouri Azar

Check Also

Lower Natural Gas Prices Squeeze Big Oil’s Profits in Q1 2024

Much lower natural gas prices this year compared to 2023 dragged down profits at some …

Leave a Reply

Your email address will not be published. Required fields are marked *