Top Oil and Gas Executives at World Petroleum Congress Discuss State of Industry and Climate

Top Oil and Gas Executives at World Petroleum Congress Discuss State of Industry and Climate
The Department of Water and Power (DWP) San Fernando Valley Generating Station in Sun Valley, Calif., on Dec. 8, 2008. David McNew/Getty Images
Reuters
Updated:

HOUSTON—Oil and gas will remain the dominant fuel source for decades to come, the industry’s top executives said on Wednesday, making their case not to be under valued as governments seek to reduce carbon emissions to address climate worries.

Executives at this week’s World Petroleum Congress in Houston offered a defense of the industry’s efforts to adapt to U.N.-led climate change policies and recommendations, describing government opposition to some new projects as harming society.