Igor Sechin, the head of Russian oil major Rosneft, said on June 5 the world was facing an acute oil shortage in the long-term due to underinvestment amid a drive for alternative energy, while demand for oil continued to rise.
Reuters: Russia’s Sechin warns of ‘acute’ oil shortage amid drive for green energy
(FILES) In this file photo taken on April 18, 2021 the logo of Russia's oil producer Rosneft is pictured on its headquarters in Moscow.
