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Energy sector needs massive investment

Industry needs US$500 billion investment to meet 2030s peak demand in 2030s

Colin Hay
Woodmac rig

Woodmac rig

Current upstream spending is a little more than half of the US$914 billion 2014 peak, according to the report "Enough is Enough? Debunking the myth of upstream investment." Wood Mackenzie says this apparent...

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