ADNOC CEO bullish over energy sector prospects post-coronavirus

ADNOC CEO bullish over energy sector prospects post-coronavirus

The CEO of Abu Dhabi National Oil Company (ADNOC) on Tuesday delivered a bullish forecast for the energy sector to emerge stronger from the coronavirus pandemic.

Speaking at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2020 Virtual, Dr Sultan Ahmed Al Jaber, also  the UAE's Minister for Industry and Advanced Technology, said opportunities far outweigh challenges in the sector.

Musabbeh Al Kaabi, CEO of Petroleum and Resources at the UAE's Mubadala Investment Company, says post-virus world will be totally different, with fewer people travelling and lower activity in a number of economic sectors

In his keynote address, he said that the oil and gas industry was being challenged by “strange times”.

While stressing that the oil and gas industry is facing “new questions every day”, with answers appearing “harder to find than