Global oil CEOs stress need for fossil fuels despite push for cleaner energy

U.S. Deputy Secretary of Energy David Turk attends a session of the World Petroleum Congress, in Houston, Texas, U.S. December 6, 2021. - Reuters

HOUSTON: A global energy conference devoted to future technologies and low-carbon strategies kicked off in Houston on Monday with top executives from energy companies affirming the need for more oil for decades to come.

The World Petroleum Conference's four days of discussion started with chief executives from global giants Exxon Mobil Corp, Saudi Aramco, Chevron Corp and Halliburton Co all promoting the need to deliver oil and gas globally even as the world transitions to cleaner fuels.