A steep drop in discoveries of new oilfields and falling investment in production mean the world could be heading for a fresh oil shortage, the CEO of Saudi Aramco has warned.
Amin H. Nasser, president and CEO of Saudi Aramco, highlighted that oil would continue to play a vital source of energy in the long term, despite the growth of alternatives.
☛ Want to stay up to date with the news? Sign up to our daily bulletin.