Oil, gas investments must rise to $713 billion a year says International Energy Forum

December 08, 2021 3:07 PM

ABU DHABI (BLOOMBERG) – The Riyadh-based International Energy Forum (IEF) has called on companies to raise investment in oil and natural-gas production to US$523 billion (S713.5 billion) a year by the end of this decade to prevent a surge in energy prices and economic unrest.

Source : http://www.straitstimes.com/business/economy/oil-gas-investments-must-rise-to-713-billion-a-year-says-international-energy-forum