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2026-05-28 12:17:58
[International Energy Agency: Natural Gas Investment Expected to Hit a 10-Year High This Year, Oil Investment May Decline for the Third Consecutive Year] 1. The International Energy Agency (IEA) stated in its latest report that, influenced by the impact of the Iran war on the global energy market, energy companies are accelerating their expansion in other regions. Global natural gas project investment is projected to grow by over 10% in 2026, reaching $330 billion, the highest level in a decade. 2. Meanwhile, upstream oil investment may decline for the third consecutive year. To strengthen supply security, companies are increasing spending on renewable energy, liquefied natural gas (LNG), and coal. 3. The report shows that despite the continued instability in the Middle East, total global energy investment will still grow by 5% in 2026, reaching $3.4 trillion. Of this, approximately $2.2 trillion will be invested in renewable energy, energy storage facilities, grid upgrades, and low-emission fuels. 4. Investment in oil supply is expected to be less than $500 billion. The growth in natural gas investment mainly comes from US LNG projects, but the current crisis has prompted Asian importers to be more cautious about their reliance on natural gas. 5. Coal investment is expected to rise to $180 billion, a 14-year high. Nuclear energy investment is also showing signs of recovery, and is expected to reach $80 billion this year. 6. Oil and gas investment in the Middle East is projected to decline by 1% in 2026, mainly due to factors such as infrastructure damage, reduced revenue, and production disruptions, significantly weakening capital deployment capacity.
