Provocative note.

Saudi-based oil major Aramco CEO Amin Nasser opens CERAWeek by S&P Global by calling on the world to "abandon the fallacy of trying to phasing out oil and gas."

Nasser's remarks started the conference on a provocative note, drawing applause. He noted the slow pace of global energy transition & that wind, solar and EVs make up 3-4% of world energy.