Opec chief tells climate activists to ‘look at the big picture’

Opec chief tells climate activists to ‘look at the big picture’

After ‘years of chronic underinvestment’, the oil industry needs US$500 billion of investment annually until 2045, said Opec’s secretary general.

OPEC Chief Tells Climate Activists to 'Look at the Big Picture'

(Bloomberg) — OPEC’s top official urged countries to invest much more in oil to meet the world’s future energy needs and said climate policies need to be more “balanced and fair.”

Opec chief calls for more oil investment at climate conference

Look at the big picture, Opec secretary-general Haitham Al-Ghais tells Cairo conference

OPEC chief asks climate activists to “look at the big picture”

A rise in fossil fuel prices prompted statements by the Secretary General of the Organization of Petroleum Exporting Countries, Haitham Al-Ghais.