Governments in long-established oil-rich nations around the world are coming under fire for their decisions over oil and gas versus renewable alternatives. The once-coveted natural resource is now a question of great contention. But how will the oil industry fare over the coming decades as governments strive for green while managing the ongoing need for fossil fuel to power the world?  A strong oil industry used to guarantee countries with employment opportunities, strong revenues, and geo-political power.

 

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By DAVOR Marketing Team

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