Global oil sector to require $10.5trn investment by 2040

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Global oil sector to require $10.5trn investment by 2040

OpeOluwani Akintayo 10 November 2017, Sweetcrude, Lagos — The Organisation of the Petroleum Exporting Countries, OPEC, has said the global oil sector will require an estimated $10.5 trillion investment by 2040. The projection is part of the highlights contained in the group’s 2017 World Oil Outlook, WOO titled ‘World Oil Outlook 2040’ launched in Vienna …

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