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OPEC: hydrocarbon sector needs $17.4 trillion investment by 2050
The hydrocarbon sector requires cumulative investments of $17.4 trillion by 2050 to meet rising demand, and to generate the additional 5 mb/d needed on average every year to stay at the current overall supply levels, according to His Excellency Haitham Al Ghais, Secretary General of OPEC.
World Bank moves closer to financing nuclear energy projects
The World Bank is considering support for nuclear energy as part of a broader push to expand access to affordable and reliable energy, particularly across Africa.
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