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Oil Giants Back Carbon Capture But Warn Against Demand Destruction

The message coming out of the World Petroleum Congress this week was loud and clear, the oil industry supports reducing emissions but not reducing demand. ....

Saudi Arabia , Danielle Smith , Amin Nasser , Calgary For The World Petroleum Congress , World Petroleum , Darren Woods , Premier Danielle Smith , Irina Slav , Crude Oil , Carbon Capture , Oil Industry , World Petroleum Congress ,

Oil must play major role in global energy transition, Exxon, Aramco CEOs say

Both chief executive officers touted capturing and storing carbon as one of the best way to significantly reduce emissions from burning fossil fuels. They also stated that cutting oil usage too quickly would be dangerous, given the growing global demand for energy. ....

Saudi Arabia , Ar Riya , Danielle Smith , Omar Farouk Ibrahim , Amin Nasser , Saudi Aramco , African Petroleum Producers Association , World Petroleum Congress , Exxon Mobil Corp , Saudi Energy , Exxon Mobil , Chief Executive Officer Darren Woods , Energy Minister Prince Abdulaziz , Premier Danielle Smith , Energy Transition ,

IEA's peak oil demand forecast "wilting under scrutiny," Aramco CEO says

The IEA’s prediction that oil consumption will peak this decade and grow at a slower rate in the near term as the energy transition gathers pace has been proven to be unrealistic, Nasser said Monday. ....

Saudi Arabia , Amin Nasser , World Petroleum Congress , International Energy Agency , Saudi Aramco ,