The total investment in the upstream oil and gas segment worldwide amounted to some 483 billion U.S. dollars in 2019. Due to the economic impact caused by the COVID-19 pandemic, this figure is estimated to decrease to some 313 billion U.S. dollars in 2020. Other energy segments, such as fossil fuels and renewables, are expected to experience a similar effect. However, the impact on renewable energy investments is expected to be smaller in comparison.
Investment in the energy industry worldwide from 2018 to 2020, by energy source (in billion U.S. dollars)
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IEA. (October 23, 2020). Investment in the energy industry worldwide from 2018 to 2020, by energy source (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 02, 2024, from https://www.statista.com/statistics/1120795/investment-energy-segments-globally/
IEA. "Investment in the energy industry worldwide from 2018 to 2020, by energy source (in billion U.S. dollars)." Chart. October 23, 2020. Statista. Accessed May 02, 2024. https://www.statista.com/statistics/1120795/investment-energy-segments-globally/
IEA. (2020). Investment in the energy industry worldwide from 2018 to 2020, by energy source (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 02, 2024. https://www.statista.com/statistics/1120795/investment-energy-segments-globally/
IEA. "Investment in The Energy Industry Worldwide from 2018 to 2020, by Energy Source (in Billion U.S. Dollars)." Statista, Statista Inc., 23 Oct 2020, https://www.statista.com/statistics/1120795/investment-energy-segments-globally/
IEA, Investment in the energy industry worldwide from 2018 to 2020, by energy source (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1120795/investment-energy-segments-globally/ (last visited May 02, 2024)
Investment in the energy industry worldwide from 2018 to 2020, by energy source (in billion U.S. dollars) [Graph], IEA, October 23, 2020. [Online]. Available: https://www.statista.com/statistics/1120795/investment-energy-segments-globally/