Aramco CEO Sees Significant Oil Demand Growth

Tuesday, October 24, 2023

Saudi oil giant Aramco's Chief Executive Amin Nasser said on Tuesday he saw significant demand growth for oil, citing a possible resurgence in the Chinese economy and an aviation sector that remains below pre-pandemic levels. 

He said a one-size-fits-all energy transition was not acceptable as it must take into account the economic maturity of different countries. 

(Reuters - Reporting by Nadine Awadalla in Dubai and Pesha Magid in Riyadh Writing by Yousef Saba/Editing by Mark Potter)

Categories: Energy People Middle East Industry News Activity Production People & Company News

Related Stories

McDermott Nets Petronas Contract for Gas Project Offshore Brunei

Equinor’s First Hybrid Power Complex Starts Operations

Oman’s Block 50 Offshore Drilling to Advance After $25M Funding Raise

Current News

Shell Greenlights Waterflood Project to Bolster Production in Gulf of America

ESVAGT Acquires Two SOVs from Edda Wind

Dräger to Supply Gas Detection, Monitoring Tech to North Sea Operator

NKT Expands Swedish Cable Accessories Plant Amid Rising Demand

Subscribe for OE Digital E‑News