OPEC kingpin Saudi Arabia is likely to continue exporting oil at the same levels “for decades to come,” even as the world hastens the shift towards renewables, its former energy minister Khalid al-Falih said Nov. 21. Speaking at the G20 summit in Riyadh, Falih, who served as energy minister from 2016 to 2019, cautioned against a rapid transition to renewables, citing potential damage to the economy. “The kingdom believes that the energy transition that the world is going to need all energy sources, and that the transition from fossil to all-non-fossil fuels is a multi-decade, perhaps a multi-generational, journey that we have to take deliberately and carefully and make sure it […]