adplus-dvertising
Close Menu
Breaking News:
Subscribe
Investment News Harry MillerBy

Oil Investments Must Rise to Offset Energy Prices, Soaring Inflation – Bloomberg

Oil Investments Must Rise to Offset Energy Prices, Soaring Inflation – Bloomberg


The Riyadh-based International Energy Forum has called on companies to raise investment in oil and natural-gas production to $523 billion a year by the end of this decade to prevent a surge in energy prices and economic unrest.

The think tank’s comments echo those of Saudi Aramco, whose chief executive officer on Monday said there could be “chaos” unless governments stopped discouraging investment in fossil fuels.

Adblock test (Why?)

728x90x4

Source link

Share.

Harry Miller is a writer and editor based in Toronto with 14 years of experience in the journalism industry. Before joining Canada News Media as a National Online Journalist, Miller worked as a senior writer and a reporter-editor with the Canadian Press and as a breaking news reporter with the Toronto Star. At Canada News Media he covers national news and the trending stories Canadians are searching for. Miller holds two bachelor's degrees, one in journalism from Ryerson University and another in communications and film studies from Carleton University.

Related Posts