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

Petronas Takes Operatorship of Oman’s Offshore Block 18

SIT, Seatrium Launch Offshore and Marine Digital Learning Lab

Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

Current News

Eco Wave Power Wraps Up Feasibility Study for South Africa’s Wave Project

OneSubsea Gets Gullfaks Subsea Compression Upgrade by Equinor

Saipem Agrees $272M Deal to Acquire Deep Value Driller Drillship

New Alliance Targets Offshore Caisson Integrity Challenges

Subscribe for OE Digital E‑News