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

Norwegian Oil Investment Will Peak in '25

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Inpex Picks FEED Contractors for Abadi LNG Onshore Plant

ADNOC Signs Long-Term LNG Deal with Hindustan Petroleum Corporation

PTTEP Buys Chevron's Hess Unit Share of Southeast Asia’s Offshore Block for $450M

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

CNOOC Starts Production at Offshore Field in South China Sea

CNOOC Puts Into Production New Oil Field in South China Sea

Current News

Shipbuilder Delivers Fast Crew Boat Pair to Aesen

Norwegian Oil Investment Will Peak in '25

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

Saipem Wins FEED Contract For Abadi LNG Project FPSO Module In Indonesia

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Inpex Picks FEED Contractors for Abadi LNG Onshore Plant

Inpex Kicks Off FEED Work for Abadi LNG Scheme Offshore Indonesia

ADNOC Signs Long-Term LNG Deal with Hindustan Petroleum Corporation

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com