Special Report: Capital budgets to rise this year in North America and worldwide

Marilyn RadlerSenior Editor-EconomicsCapital expenditures for oil and gas projects in the US will increase 5% this year, according to OGJ's annual spending report. Upstream, midstream, downstream, and corporate capital outlays will total $284 billion. The pace of growth has slowed following last year's rebound from a drop in 2009.Oil and gas capital expenditures also will climb in Canada this year, up 3.7% to $52.6 billion. This compares with 37% growth in spending for such projects last year.In Mexico, Petroleos Mexicanos plans a 9% increase in capital spending this year. And outside North America, oil and gas capital expenditures are forecast to remain strong, also climbing from a year ...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected