Oil and gas industry leaders are confident in the long-term resilience of oil demand despite challenges from the energy transition. This is the message coming out of the inaugural edition of the Energy Asia conference that took place this week in Malaysia. “Energy transition is going to take a lot longer, it’s going to cost a lot more money and need new technologies that don’t even exist today,” Hess Corp.
chief executive John Hess said, as quoted by CNBC. “Liquids are projected to remain the world’s leading…Oil Industry Leaders Remain Confident About Long-Term Demand
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