Aramco CEO Amin Nasser says he expects demand to grow to around 110 million barrels per day by 2030. — Reuters
CALGARY (Alberta): The CEOs of top Saudi Arabian and US oil producers Aramco and Exxon Mobil have pushed back forecasts of peak oil demand, and say the energy transition would require continuing investment in conventional oil and gas.
Their comments come after the executive director of the International Energy Agency (IEA) last week said that new estimates showed the age of relentless fossil growth is ending and demand would peak in 2030.
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