BP’s Big U-Turn: Why Is the Energy Giant Returning to Oil and Gas? Shell, Equinor, and Exxon Are Making the Same
Rextag
MARCH 3, 2025
million barrels per day by 2030. Several new major oil and gas projects are set to launch by the end of 2027. The company aims to boost daily oil and gas production to between 2.3 million and 2.5 billion and $2 billion annually. Large-scale solar investments have also faced supply chain disruptions and declining profit margins.
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