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Navigating the Transition
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Navigating the Transition

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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

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