Global oil sector loses $300bn to non-investment in 2015 and 2016

Opeoluwani Akintayo 12 July 2017, Sweetcrude, Lagos –  The global oil and gas sector has lost over $300 billion due to fall in oil and gas exploration and production spending in 2015 to 2016, according to the Organisation of the Petroleum Exporting Countries, OPEC, Secretary-General, Mohammed Sanusi Barkindo. Barkindo, who revealed this in a statement […] More »