OPEC Claims the World Needs $18.2 Trillion in Oil and Gas Investments by 2050
Monday, 14 July 2025 () The world needs $18.2 trillion in oil and gas investments through 2050 to ensure energy supply by the middle of the century, OPEC Secretary General Haitham Al Ghais has told Energy Connects in an exclusive interview. Oil demand is set to continue rising through 2050, with consumption expected at 123 million barrels per day (bpd) then, up from about 104 million bpd this year, according to OPEC’s annual World Oil Outlook (WOO) released last week. Oil is still expected to account for 30% of the global energy mix in 2050, according to OPEC’s…
Oil prices surged as the U.S. joined Israel in striking Iran's nuclear sites, sending shockwaves across global markets. Tehran warned that U.S. aggression has widened its range of legitimate targets,..
Multiple explosions rocked Iran’s Bushehr city—home to a key nuclear power plant—after reported Israeli airstrikes. Al Arabiya confirmed the Bushehr International Airport was struck, while images..
European Commission proposes new measures to phase out Russian oil and gas
The European Commission proposed a new law outlining deadlines and strategies for phasing out Russian oil and gas,..
Credit: euronews (in English) Duration: 01:06Published
Monday, 14 July 2025 ()
![World In PANIC As Oil Surges After U.S Strikes On Iran | Tehran Threatens To Close Hormuz Chokehold [Video]](https://video.newsserve.net/300/v/20250623/1414596322-World-In-PANIC-As-Oil-Surges-After.jpg)
![VIDEO: Israel Strikes Iran’s Bushehr City, Airport | Nuclear Site ROCKED By Multiple Blasts [Video]](https://video.newsserve.net/300/v/20250622/1414509984-VIDEO-Israel-Strikes-Iran-Bushehr-City-Airport.jpg)
![European Commission proposes new measures to phase out Russian oil and gas [Video]](https://video.newsserve.net/300/v/20250617/1414159758-European-Commission-proposes-new-measures-to-phase-out.jpg)
