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 …
Tribute to the Late OPEC Secretary General Barkindo and Welcoming of the New OPEC Secretary General Al Ghais
At the 31st OPEC and non-OPEC Ministerial Meeting, held via videoconference on 3 August 2022, a special tribute was paid to the late OPEC Secretary General, HE Mohammad Sanusi Barkindo, by all Heads of Delegation of participating countries in the Declaration of Cooperation (DoC) (video link attached). Heads of Delegation …