Global oil CEOs stress need for fossil fuels despite push for cleaner energy

all promoting the need to deliver oil and gas globally even as the world transitions to cleaner fuels.

Large global majors, especially those based in Europe, are limiting exploration and production in an attempt to shift to renewable power development and as governments promote efforts to cut carbon emissions to deal with rising worldwide temperatures., said energy companies have a responsibility to bring down emissions and provide energy. "We will need oil and gas for many years to come but with reduced emissions," he said.

U.S. officials took the opportunity to talk about President Joe Biden's clean energy agenda while insisting on the need to address high fuel prices for consumers as well. The Biden administration has had a strained relationship with the fossil fuel industry in its first year in office. He also said Washington will not "stand in the way" of companies willing to increase domestic oil production as the industry tries to fully recover.is investing $1 billion worldwide to reduce emissions at refineries, David Lawler, head of BP America and CEO of BPX unit said at the conference.

BS

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

7 cannabis CEOs are focused on the Northeast and Michigan in 2022Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. The future is here. 首席执行官们表示，最大的大麻公司将于2022年进军东北部 Cannabis use negatively affects health and well-being, including school performance, education level, social lives, and employment and income.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Milk Makeup and Shiseido CEOs Discuss Leadership and the Future of Work Amid COVID-19Flexibility and trust are key, shared both Tim Coolican, chief executive officer of Milk Makeup, and Ron Gee, president, chief executive officer and global M&A leader at Shiseido Americas and Shiseido Group.
Source: wwd - 🏆 24. / 68 Read more »

Reagan National Defense Forum: Experts say Afghanistan withdrawal damaged US reliability with global partnersTop experts warned Saturday at the Reagan National Defense Forum that the standing of the U.S. as the 'partner of choice' amongst global allies has waned following the chaotic withdrawal from Afghanistan. LOL! Keep f-kin that chicken! አዎን Might to asked them why they left only to U.S to manage this clusterfuck
Source: FoxNews - 🏆 9. / 87 Read more »

'Tip of the spear:' Venture capitalist says Chinese tech companies are just starting to go globalThere has been a rise in Chinese tech companies finding success overseas. Xiaomi is the third-largest smartphone player and TikTok has a billion monthly users. No one wants Chinese tech No one trust China. Why does CNBC keep pushing China? Look at alibaba and ma. Where is evergrande’s ceo? Where is the tennis star? Why does Comcast suck china’s d***? and western governments are just starting to ban or delist them.
Source: CNBC - 🏆 12. / 72 Read more »

‘Ridley Road’ Sells Wide for Studiocanal – Global BulletinSALES Studiocanal has sold a raft of global territories on four-part thriller drama series “Ridley Road.” Created by Studiocanal’s Red Production Company, commissioned for BBC One…
Source: Variety - 🏆 108. / 63 Read more »

Global Ad Growth Forecast for 2021, 2022 Boosted, But TV Recovery to Take Until 2023: GroupMThe company now predicts a 22.5 percent jump this year, after a COVID hit in 2020, and 9.7 percent next year.
Source: THR - 🏆 411. / 53 Read more »