The oil and gas industry is "under siege" OPEC Secretary General Mohammad Barkindo said on Tuesday. After years of underinvestment on a global scale, the oil and gas industry is now "facing huge challenges along multiple fronts," the Secretary General told delegates at an industry conference in Lagos. "These threaten our investment potential now and in the long term, to put it bluntly, my dear friends, the oil and gas industry is under siege," Barkindo said, citing geopolitical developments in Europe. Barkindo also suggested that the supply shortage…
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