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World Energy Investment 2019

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  • Funding
  • Solar
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Fuel supply

Fuel supply Investment in upstream oil and gas Overview of upstream investment (83-86) Conventional resources sanctioned (87-89) Upstream investment by region and company (90-95) Shift towards shorter-cycle projects (96-97) Investment in exploration and resource discoveries (98-99) Upstream investment cost indices (100-102) 82 | World Energy Investment 2019 | IEA 2019. All rights reserved.

Fuel supply Upstream oil and gas investment is set for another modest rise in 2019 Global upstream oil and gas investment Investment in nominal terms Implied investment at 2018 cost USD billion (nominal) 800 600 400 -25% -26% +6% +4% +6% USD billion (cost adjusted) 800 600 400 -12% vs 2014 peak 200 200 0 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019E 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019E 83 | World Energy Investment 2019 | IEA 2019. All rights reserved.

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