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6 Pages

The slowdown in extractive industry spending


The slowdown in extractive industry spending

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.


What's included?

This report includes 2 file(s)

  • The slowdown in extractive industry spending PDF - 820.13 KB 6 Pages, 1 Tables, 3 Figures
  • Extractive industry capital spend.xls XLS - 259.50 KB

Description

This Metals Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For industry participants and advisors who want to look at the trends, risks and issues surrounding this topic, this report gives you an expert point of view to help inform your decision making.

Our analysts are based in the markets they analyse and work with high-quality proprietary data to provide consistent and reliable insight.

We provide unique in-depth analysis of the metals supply industry so you can make confident strategic decisions.

  • Executive Summary
  • Moderation in the pace of growth
  • US unconventionals to the fore in oil and gas>
  • Iron ore and copper spend peaked in 2013
  • Cost inflation slowing in some countries
  • The corporate leaders
    • Upstream oil and gas
    • Mining
  • The pace may be slowing, but spending will remain high

In this report there are 4 tables or charts, including:

  • Executive Summary
  • Moderation in the pace of growth
    • Actual and planned extractive industry capital spending*, 2009-2015
    • Top ten* countries by extractive industry development spending (US$ billion), 2010-2015
  • US unconventionals to the fore in oil and gas>
  • Iron ore and copper spend peaked in 2013
    • Planned extractive industry development expenditure* in 2014
  • Cost inflation slowing in some countries
    • High level trends in upstream capital cost inflation
  • The corporate leaders
  • The pace may be slowing, but spending will remain high
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