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Global energy industry prospers, indicates EIC Monitor quarterly report

The latest EIC Monitor report indicates an overall return to growth across the energy project landscape during Q3 2012

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The EIC

The latest EIC Monitor report indicates an overall return to growth across the energy project landscape during Q3 2012

London, 18 October 2012: The number of new projects announced during the last quarter (Q3: July-Sept 2012) across the global energy supply chain is up 27% compared to Q2 2012, while the total potential investment value of US$329 billion is up 17% on last quarter, but is down 38% on Q3 2011, according to the EIC Monitor quarterly report from the Energy Industries Council (EIC).

EIC Monitor tracks over 9,700 active and proposed projects in the global energy industry and provides a barometer, broken down into oil and gas (downstream, midstream, upstream), nuclear and conventional power, and the renewables sectors. Data is analysed by the number and value of new (both active and proposed) projects recorded by the EIC each quarter.

Tags: EIC Monitor