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
Several new major oil and gas projects are set to launch by the end of 2027. New oil fields and deepwater drilling initiatives will contribute to increased production. The company aims to boost daily oil and gas production to between 2.3 million and 2.5 million barrels per day by 2030. billion and $2 billion annually.
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