Business · Energy & Commodities · 13 hrs ago
Oil council chief calls for energy security, affordability and sustainability
Pedro Miras, head of the World Petroleum Council, spoke at the opening of the 25th World Petroleum Congress in Riyadh.
He said the world will need more energy as populations and economies grow.
The global population is expected to approach 10 billion by the middle of the century, increasing demand.
Miras said energy has helped improve health, education and living standards, and oil and gas still supply a large share of the world's energy.
He argued that countries should use different energy sources and technologies rather than choose between reliable supply, affordable prices and sustainability.
He also said technology alone cannot bring change without stable policies, long-term investment and international cooperation.
The four-day congress brings together government, industry, academic, technology and finance leaders to discuss energy needs and possible solutions.
World Petroleum Council President Pedro Miras called for energy security, affordability and sustainability to advance together with economic development.
He said the world needs more energy from multiple sources to meet population and economic growth.
Miras spoke at the opening of the 25th World Petroleum Congress in Riyadh.
He said technology alone cannot deliver the energy transition, which also requires effective policies, stable regulation, long-term investment and international cooperation.
The four-day congress brings together government, industry, academic, technology, finance and international institution leaders.
- Who
- Pedro Miras, president of the World Petroleum Council.
- What
- He called for energy security, affordability and sustainability to be advanced together, without sacrificing any of them.
- When
- At the opening of the 25th World Petroleum Congress. The date is not stated.
- Where
- Riyadh, Saudi Arabia.
- Why
- To meet rising energy needs linked to population growth, urbanisation and improving living standards.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Conference
- 25th World Petroleum Congress
- Location
- Riyadh, Saudi Arabia
- Duration
- Four days
- Population projection
- Nearly 10 billion by mid-century
- Council history
- More than 90 years of convening governments, industry, academia and international institutions
What people are saying
The challenge is no longer choosing between energy security, affordability and sustainability, but making progress in these areas in parallel with economic development.
Technology alone is not enough to achieve the desired transition.
Sources
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