OPEC stresses need for all-energies approach
Secretary general says oil can help solve trilemma and is upbeat on ‘flexible’ OPEC role to help manage crude supply longer term
The world needs more energy of all kinds to solve the issues of security, affordability and sustainability, and we must be mindful of ideological outlooks that ignore on-the-ground realities, according to OPEC. Secretary General Haitham al-Ghais also told Petroleum Economist in an interview that oil will be around for the long term—meaning we need an inclusive approach—and that OPEC+’s best days are ahead of it in terms of helping manage the world’s evolving oil needs. Do you believe the chasm between OPEC and the IEA on the outlook for oil demand is ideological on the IEA’s part or a misreading of the fundamentals—especially around population growth, urbanisation and EV/renewables growth?
Also in this section
9 April 2026
The April 2026 issue of Petroleum Economist is out now!
9 April 2026
Offshore operators are working through an FID backlog as the rig market consolidates, helped by improving project economics and a renewed security drive
2 April 2026
Alongside a rapid continued build-out of renewables, China’s latest five-year plan stresses the value of domestic hydrocarbon production for energy security and calls for increased Russian gas imports
2 April 2026
The government is taking important steps to revive domestic production, lift investment and benefit from the geopolitical crisis even if more needs to be done in the longer term






