Global Investment Needs in the Oil Production Sector Estimated at $17.4 Trillion Until 2050
The global investment needs in the oil production sector until 2050 are estimated at $17.4 trillion, stated Haitham Al Ghais, Secretary General of OPEC. “Hydrocarbons still account for 80% of today’s energy mix, just as they did in the 1980s. (…) Today, the world continues to consume more and more …
Russian Oil Companies are Looking for Partners in Azerbaijan
Among them are Tatneft and oilfield services companies from Tatarstan. The Baku Energy Week (June 4-6) is taking place in the capital of Azerbaijan. Leading representatives of the oil and gas industry and energy from around the world are participating in it. Large Russian companies have also become active participants …