President Ali of Guyana states that energy investment is insufficient to meet demand

Currently, the Iran war has entered its third month, and against a backdrop of supply shortages, the ongoing conflict continues to drive up oil and natural gas prices. “In this process of transformation, we must face the reality of the world,” Ali stated at the Offshore Technology Conference held in Houston, Texas, USA. He pointed out that the current energy system lacks sufficient investment to meet the pace of demand growth, and noted that renewable energy is not enough to fill the supply gap. Read more