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Amin Nasser, chief executive officer of Saudi Aramco, from left, Hou Qijun, president of China National Petroleum Corp, and Darren Woods, chairman and chief executive officer of Exxon Mobil Corp, during the 24th World Petroleum Congress in Calgary, Alberta, Canada, on Monday, Sept. 18, 2023. The conference includes about 500 speakers who will tackle topics including decarbonizing hydrogen production and indigenous participation in net zero efforts. Photographer: Gavin John/Bloomberg (Bloomberg) — The heads of Saudi Aramco and Exxon Mobil Corp. took to the stage at a major industry event Monday to voice support for the global transition to cleaner forms of energy, but one in which oil continues to play a major role for decades to come. Both chief executive officers touted capturing and storing carbon — a climate solution viewed skeptically by environmentalists — as one of the best way to significantly reduce emissions from burning fossil fuels. They also stated that cutting oil usage too quickly would be dangerous, given the growing global demand for energy. Article content Article content “There seems to be wishful thinking that we’re going to flip a switch and we’ll go from where we’re at today to where it will be tomorrow,” […]
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