Podcast
Questions and Answers
Why are big oil companies like Aramco turning to alternatives?
Why are big oil companies like Aramco turning to alternatives?
- To reduce dependency on Western nations
- To increase profits from renewable energy sources
- Due to worries about climate change and non-renewable resources (correct)
- To avoid competition from other oil-producing nations
What was the Middle East known for exporting in the past?
What was the Middle East known for exporting in the past?
- Technology and machinery
- Vast amounts of oil or gas (correct)
- Agricultural products
- Renewable energy sources
What has been a major source of economic growth and development in the Middle East?
What has been a major source of economic growth and development in the Middle East?
- Oil (correct)
- Tourism
- Technology advancements
- Renewable energy
Why are worries about climate change increasing in the Middle East?
Why are worries about climate change increasing in the Middle East?
What could eventually lead to a decline in profits for oil companies in the Middle East?
What could eventually lead to a decline in profits for oil companies in the Middle East?
What did the Aramco chief predict about oil demand in 2045?
What did the Aramco chief predict about oil demand in 2045?
What did recent studies indicate about the financial requirement for a huge oil spike in 2045?
What did recent studies indicate about the financial requirement for a huge oil spike in 2045?
What did the Aramco chief assert about the potential of alternative energy sources replacing oil and gas?
What did the Aramco chief assert about the potential of alternative energy sources replacing oil and gas?
What was the difference in the amount of money renewable energy and oil received in 2022?
What was the difference in the amount of money renewable energy and oil received in 2022?
What impact did the drop in oil/gas prices in 2022 have according to the Aramco chief?
What impact did the drop in oil/gas prices in 2022 have according to the Aramco chief?
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