Features

OPEC Secretary General: there is no peak in oil demand on the horizon
More than $17.4 trillion is needed in capital investment in the oil sector over the next 25 years to avoid market volatility as oil demand continues to rise with no peak expected through 2050, His Excellency Haitham Al Ghais, OPEC Secretary General, told the Global Energy Show Canada in a keynote address on Tuesday.

Global energy investment to cross $3.3 trillion in 2025 amid energy security concerns
Global energy investment is set to increase in 2025 to a record $3.3 trillion despite headwinds from elevated geopolitical tensions and economic uncertainty, according to the International Energy Agency.