OPEC Secretary General Haitham Al Ghais has emphasized the importance of collaboration and inclusive action in achieving a just and permanent transition to a sustainable energy future. In a statement,…
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Global Oil Industry Requires $12.1tn in Investments Up to 2045: OPEC Secretary-General
Recent annual levels have been significantly below this amount, due to industry downturns, the pandemic and the increasing focus on environmental, social and governance issues Haitham Al Ghais, secretary general…
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OPEC Insists on $12.1 Trillion Investments to Fund Oil Sector
by Michael Loweby Michael LoweThe Organisation of Petroleum Exporting Countries (OPEC) has reiterated the need to pump more money into the oil sector, stressing that about $12.1 trillion investment is sacrosanct to keep the…