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Global oil sector witnesses $1tr frozen capex in two years

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Global oil sector witnesses $1tr frozen capex in two years

…Sector needs $10.5tr investment until 2040 OpeOluwani Akintayo 19 April 2018, Sweetcrude, Lagos – The oil and gas sector witnessed more than $1 trillion of frozen capital expenditure or capex in two years, 2015 and 2016. This is the words of Secretary-General of the Organisation of the Petroleum Exporting Countries, OPEC, Dr Mohammed Barkindo, in his …

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Global oil sector witnesses $1tr frozen capex in two years Global oil sector witnesses $1tr frozen capex in two years Reviewed by Crude Oil Facilitators on 09:07 Rating: 5

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