Chief Executive of US ExxonMobil Darren Woods said that as the world's economy continues to grow, that will drive energy demand higher. But he warned that it is difficult to replace today's energy system where oil consumption stands at approximately 100 million barrels per day. It will take time, and hopefully energy will continue to grow with much less emissions associated with it," he added. Saudi Aramco president and chief executive Amin Nasser said even during an economic slowdown in recent years and lasting until today in many countries, energy demand was rising. Hou Qijun, president of China National Petroleum Corporation, believed that it is very important to speed up the energy transition as demand continues to grow.

Source: Bangladesh Sangbad Sangstha September 20, 2023 14:51 UTC