'We should abandon the fantasy of phasing out oil and gas': Saudi oil CEO

The head of the world's largest energy company on Monday suggested that oil and natural gas will be around for a long time to come and consumption of both sources of energy is likely to grow for at least the next decade or two.

'We should abandon the fantasy of phasing out oil and gas': Saudi oil CEO
A man in a suit speaks at a podium.

The head of the world's largest energy company on Monday suggested that oil and natural gas will be around for a long time to come and consumption of both sources of energy is likely to grow for at least the next decade or two.