ExxonMobil chief: People underestimate challenge of moving away from fossil fuels

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Assessment: ExxonMobil chief executive Darren Woods takes part in a panel discussion at the 24th World Petroleum Congress in Calgary, Canada Photo: AP/SCANPIX ExxonMobil chief: People underestimate challenge of moving away from fossil fuels

ExxonMobil, Saudi Aramco and CNPC believe energy demand will continue to grow

Оригинальный текст опубликован на сайте «Upstream», 18 September 2023 21:24 GMT . Автор: Fabio Palmigiani Материал доступен по ссылке.

 in    Calgary 

Energy demand will continue to grow in the coming years even as the world gradually transitions from fossil fuels to renewable sources, according to three top executives from oil companies attending the 24th World Petroleum Congress in Calgary, Canada.

Darren Woods, chief executive at US supermajor ExxonMobil, said that as the world’s economy continues to grow, that will drive energy demand higher, but he warned it is difficult to replace today’s energy system where oil consumption stands at approximately 100 million barrels per day.