Business · Markets · 8 hrs ago

World Petroleum Congress chair calls for more energy from diverse sources

World Petroleum Congress chair calls for more energy from diverse sources

World Petroleum Council chair Pedro Miras said the world will need more energy as its population and economy grow.

He spoke at the 25th World Petroleum Congress, which opened in Riyadh and brings together government, industry, academic and international representatives for four days.

Miras said oil and gas still supply a large share of the world’s energy, even as newer technologies develop.

He argued that countries need different energy pathways, using a range of sources and technologies to match their circumstances.

The challenge, he said, is to support secure and affordable energy and sustainability alongside economic development.

He also said technology must be backed by steady policies, long-term investment and cooperation.

The congress is intended to discuss practical solutions and partnerships for meeting future energy needs.

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