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Questions and Answers

What does Aramco predict about oil demand in 2045?

It will decrease by 101 million barrels

It will increase by 101 million barrels (correct)

It will drop significantly compared to 2021

It will remain the same as in 2021

How does Aramco view the potential of energy alternatives replacing oil and gas?

They believe alternatives cannot replace oil and gas (correct)

They are actively investing in energy alternatives

They think alternatives will completely replace oil and gas

They are uncertain about the potential of alternatives

What is the financial comparison between renewable energy and oil in 2022 according to the text?

Renewable energy received about 48 billion dollars more than oil (correct)

Renewable energy received about 48 billion dollars less than oil

Renewable energy received significantly less funding than oil

Renewable energy and oil received the same amount of funding

What does the text imply about the financial requirement for a significant oil spike in 2045?

<p>Aramco needs about 12.1 trillion dollars</p> Signup and view all the answers

What happened to oil/gas prices in 2022 according to the Aramco chief?

<p>They have severely dropped by 400 billion dollars</p> Signup and view all the answers

Navigating the Transition

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Questions and Answers

What does Aramco predict about oil demand in 2045?

How does Aramco view the potential of energy alternatives replacing oil and gas?

What is the financial comparison between renewable energy and oil in 2022 according to the text?

What does the text imply about the financial requirement for a significant oil spike in 2045?

What happened to oil/gas prices in 2022 according to the Aramco chief?

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