The energy industry consists of the oil, gas, coal and consumable fuel, and the energy equipment & services industries. The oil, gas & consumable fuel industry values reflect revenues generated from exploration, production, refining, marketing, storage & transportation of oil, gas, coal and consumable fuel products.
The energy equipment & services industry values reflect revenues generated from the provision of equipment & services to the oil & gas industry, including drilling. Any currency conversions used in the creation of this report have been calculated using constant 2007 annual average exchange rates.
For the purpose of this report the Americas comprise Brazil, Canada, Mexico and the US.
Europe comprises Belgium, the Czech Republic, Denmark, France, Germany, Hungary, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden and the UK.
Asia-Pacific comprises Australia, China, Japan, India, Singapore, South Korea and Taiwan.
The global figure comprises the Americas, Asia-Pacific and Europe.
2.2 Research Highlights
The global energy industry generated total revenues of $4.5 trillion in 2007.
The oil, gas and consumable fuels segment was the industry's most lucrative in 2007, generating total revenues of $4.3 trillion, equivalent to 95.5% of the industry's overall value.
2.3 Market Analysis
The global energy industry, which consists of the oil, gas, coal and consumable fuel, and the energy equipment & services industries, has exhibited strong growth rates over the past five years.
The global energy industry generated total revenues of $4.5 trillion in 2007, this representing a compound annual growth rate (CAGR) of 17.9% for the period spanning 2003-2007.
The oil, gas and consumable fuels segment was the industry's most lucrative in 2007, generating total revenues of $4.3 trillion, equivalent to 95.5% of the industry's overall value. The energy equipment and services segment contributed revenues of $198.2 billion in 2007, equating to the...