Global Oil Industry Investment To Hit $18.2trn By 2050 –OPEC

The Organisation of the Petroleum Exporting Countries (OPEC), World Oil Outlook 2050 has projected that $18.2 trillion will be required across the global oil industry. According to similar calculations, the Gas Exporting Countries Forum’s (GECF) Global Gas Outlook 2050 estimates that $11.1 trillion will be required to sustain future gas supplies. Both organisations, therefore, warned

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