Saudi Aramco CEO sees oil and gas continuing to play major role
Amin Nasser criticises "irrational hopes of rapid switching" to electric vehicles
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Houston
SAUDI Arabia's oil company is not afraid of electric vehicles. As it prepares to sell a stake in the company to investors, the CEO reassured a Houston audience that the need for petroleum is not going away any time soon.
"I am not losing any sleep over 'peak oil demand' or 'stranded resources'," Saudi Aramco chief executive officer Amin Nasser said at the CERAWeek by IHS Markit conference on Tuesday.
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