Africa, Oil Prices, Oil-Sands and Price

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Annual global oil & gas capital expenditure to pass $1-trillion mark in 2012

Green Car Congress

AUGUST 23, 2012

Increased activity in the Exploration and Production (E&P) sector will be the primary driver in pushing oil and gas capital expenditure (capex) to $1.039 trillion for 2012, according to the latest report by business intelligence firm GlobalData. billion, while the Middle East and Africa are forecast to spend $229.6

Oil

Oil 2012 Oil-Sands Gas

EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

Green Car Congress

SEPTEMBER 10, 2014

Liquid fuels production (OPEC crude and lease condensate, non-OPEC crude and lease condensate, and other) and consumption (by OECD and non-OECD regions) under three price cases in 2040. Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., Source: EIA.

Asia

Asia Transportation Oil-Sands Oil Prices

EV Driven

Annual global oil & gas capital expenditure to pass $1-trillion mark in 2012

EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

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