Saudi Aramco CEO calls energy transition strategy a failure

Houston (AFP) Mar 18, 2024

Pointing to the still paltry share of renewable energy in global supply, the head of Saudi Aramco described the current energy transition strategy as a misguided failure on Monday. "In the real world, the current transition strategy is visibly failing on most fronts," Saudi Aramco Chief Executive Amin Nasser said at the CERAWeek conference in Houston. Fossil fuels accounted for 82 percen