ENERGY TRANSITION

Upstream oil and gas investments tipped to jump 7% in 2024

Clean energy funding set to double amount going to fossil fuels

Fatih Birol, Executive Director of the International Energy Agency at the Chatham House London conference. Photograph by Dominic Dudley.

Fatih Birol, Executive Director of the International Energy Agency at the Chatham House London conference. Photograph by Dominic Dudley.

Global upstream oil and gas spending is expected to increase by 7% in 2024, but it will be surpassed by funding allocated to clean energy. The International Energy Agency's (IEA's) annual World Energy...

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