| 19.03.2009 - Opec says forget upstream investment at $40 a barrel |
| From Petroleum-economist.com: OPEC has shrugged off the International Energy Agency's (IEA) calls for it to maintain upstream investment through the economic downturn. The producer organisation cannot invest in any new additional capacity with prices at present levels, the cartel's secretary general, Abdullah Salem El-Badri, said..... Full Article: Source |