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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 about $38 billion per year through 2017.

  • 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 invested a record $39.8 billion in 2012.
  • From 1988 through 2012, ExxonMobil's capital investments of $452 billion nearly matched its earnings of $482 billion.