Saudi Aramco CEO says energy transition is failing, world should abandon ‘fantasy’ of phasing out oil

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Saudi Aramco CEO says energy transition is failing, world should abandon 'fantasy' of phasing out oil

https://www.cnbc.com/2024/03/18/saudi-aramco-ceo-says-energy-transition-is-failing-give-up-fantasy-of-phasing-out-oil.html

The CEO said alternative energy sources have been unable to displace hydrocarbons at scale, despite the world investing more than $9.5 trillion.

Saudi Aramco CEO says energy transition is failing, world should abandon 'fantasy' of phasing out oil