More investment in oil is needed to meet global demand, the group’s top official says Global oil producers should invest much more in the industry to meet the world’s future energy needs, the secretary general of the Organization of Petroleum Exporting Countries (OPEC) said on Sunday. Speaking at the Egypt Petroleum Show, Haitham Al-Ghais of Kuwait said climate policies need to be more “balanced and fair.” His comments follow a major shift among countries and energy corporations, on moving away from fossil fuels. “It is imperative that all parties involved in the ongoing climate negotiations pause for a moment; lo
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