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International Business Times
International Business Times
Business
AFP News

Saudi Aramco CEO Calls Energy Transition Strategy A Failure

Saudi Aramco President & CEO Amin Nasser speaks during the CERAWeek oil summit in Houston, Texas (Credit: AFP)

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.

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