Tuesday, March 9, 2010

Saudi Aramco Head Urges Oil Industry to Invest in Future

Supplying enough oil to meet the demand of a burgeoning world population with aspirations to better lifestyles is a challenge too big for any one oil company, says the President and CEO of Saudi Aramco, Khalid al-Falih.

Speaking at IHS CERAWeek in Houston today, al-Falih said meeting world needs is an "obligation" of the entire industry, and "it is...

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