Shell CEO Looks at World's Future Energy Options

Ultimately, world will need to turn to nuclear fusion, Jeroen van der Veer concludes after examining all the alternatives.

Published: 14-Jun-2005

KUALA LUMPUR, June 13 (Bernama) -- Oil prices will likely remain volatile this year with oil reserves continuing to be tight on lack of spare capacity, said chief executive Royal Dutch/Shell group, Jeroen van der Veer.

He said that the industry will need to find solutions for pressing energy problems.

"This will entail developing new resources in more difficult conditions or unconventional resources as well as sustaining the environment which requires investment, innovation and integration with various government stakeholders," he said at the Asia Oil & Gas Conference Monday.

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