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Aramco CEO Nasser Says Energy Transition Is ‘Visibly Failing’

Amin Nasser in Houston on March 18.

Photographer: F. Carter Smith/Bloomberg
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Saudi Aramco Chief Executive Officer Amin Nasser said the global energy transition is “visibly failing” on most fronts as proponents overlook the impacts on consumers dependent on cheap, reliable fuels.

In remarks at the opening day of the CERAWeek by S&P Global conference in Houston on Monday, Nasser lamented the way the oil industry has been painted as the transition’s “arch enemy.”