Capital investments to meet future energy needs

Meeting growing global energy demand requires sustained investments, through periods of both low and high commodity prices.  ExxonMobil plans to invest between $25 billion to $30 billion annually for the next several years.

25-Year Investments and Earnings

  

  • The International Energy Agency estimates that approximately $11 trillion in new investments in oil and gas supplies will be needed in the 2008 to 2030 timeframe, averaging $480 billion per year.
  • ExxonMobil plans to invest at record levels through the current business cycle.  We invested $27 billion in 2009,and more than $110 billion over the past five years.
  • For the 25 year period from 1985 through 2009, ExxonMobil's capital and exploration expenditures totaled $377 billion, essentially equaling our cumulative earnings of $382 billion over the period.