CNBC | Electricity investment overtakes oil and gas for the first time ever, IEA says CNBC Despite the current drags on investment, the IEA is confident that global oil and gas upstream investment will come back to growth this year, by about 6 percent. This is due to the current OPEC-led deal to freeze production until March 2018, which ... US shale oil investment surges more than 50% in 2017, IEA says Electricity investment overtakes oil, gas for first time ever in 2016: IEA Oil and Gas Spending Continues to Drop |