The slowdown in extractive industry spending



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Report summary

Capital spending in the world s major extractive industries has been booming since the global financial crisis. Development expenditure in upstream oil and gas and mining continued to rise in 2013 but by just 5%. Oil and gas spending slowed to around 4% whilst bulk mining and metal mining recorded 8% and 10% increases year on year. Over the next three years we expect a plateau in capital investment as the boom dissipates although this is from a much higher base than in 2009.

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    Extractive industry capital spend.xls

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Table of contents

Tables and charts

This report includes 4 images and tables including:


  • Actual and planned extractive industry capital spending*, 2009-2015
  • Planned extractive industry development expenditure* in 2014
  • High level trends in upstream capital cost inflation


  • Top ten* countries by extractive industry development spending (US$ billion), 2010-2015

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