Investment Totalling $11.8trillion Required in African Oil Sector – OPEC

OPEC Secretary General Mohammad Barkindo made the announcement on Wednesday, December 8th, 2021, at the 23rd World Petroleum Congress (WPC) in Houston, Texas. The Organisation of Petroleum Exporting Countries (OPEC) estimates that investments in the upstream, middle, and downstream oil industries will total $11.8 trillion between 2021 and 2045. Barkindo presented at a plenary session … Continue reading Investment Totalling $11.8trillion Required in African Oil Sector – OPEC