renewable energy sources

Oil & Gas

Major role for renewables

RENEWABLE energy sources are expected to contribute up to 80% of global energy supply by 2050, a new 1,000-page report published by the Intergovernmental Panel on Climate Change (IPCC) claims.

Oil & Gas

Premature renewables

SAUDI petroleum minister Ali al-Naimi has warned that a "premature shift" to renewable energy sources could jeopardise investment in the oil sector and significantly slow global economic recovery.