RIYADH, Saudi Arabia, June 5, 2024 /PRNewswire/ -- Annual upstream oil and gas capital expenditures will need to rise by 22 percent by 2030 to ensure adequate supplies due to growing demand and cost inflation, according to a new report by the International Energy Forum and S&P Global Commodity Insights. A cumulative $4.3 trillion in new investments will be needed between 2025 and 2030, according to the "Upstream Oil and Gas Investment Outlook" report published today. The growing capital expenditure (capex) ...