‘We are not in the business of ice cream': Big Oil CEOs defend themselves against climate criticism

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Big Oil, on the back of record profits last year, has been accused of dialing back critically important climate pledges in recent months.

Speaking at the ADIPEC oil and gas conference, executives representing global energy majors sought to strike a positive tone on the current state of play for the fossil fuel industry.

Chief executives of some of the world's largest energy companies on Monday sought to defend themselves from criticism, saying it is not possible to keep everyone happy amid the planned energy transition. "So, the debate has always been posed here, I'm reminded of an old saying: 'If you want to keep everyone happy, sell ice cream.' We are not in the business of ice cream — and I'm reminded, there are people who are lactose intolerant," Taufik said."The indication here is we have to make some tough decisions and we have to be bounded by facts, rationality, practical steps but we will get there," he added.

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