Energy transitions “take decades, even centuries” to complete, the chairman of the world’s largest oil company, Saudi Aramco, said at a conference on Monday, adding that the industry should continue to think in decades. Because complete energy transformations take such a long time to complete, the oil industry should continue to think in decades, Aramco’s chairman Yasir Al-Rumayyan said at the International Petroleum Technology Conference (IPTC) in Dhahran, Saudi Arabia, as carried by Al Arabiya English. Al-Rumayyan’s remarks are the latest from the world’s biggest oil firm and the world’s most valuable company that the world will still need oil decades from now and that peak oil demand is just ‘hype.’ Analysts and top commodity traders see oil demand peaking at some point in the 2030s , but oil companies say that peak oil is nowhere in sight and there is still room to grow as global energy demand […]