BOE Report
MARCH 12, 2025
million barrels of oil equivalent per day in 2030, up from 4.3 Exxon Mobil expects to raise output to 5.4 million boepd now, the company’s president of upstream said on Wednesday. The production areas that the company is focused on for growth are Guyana, top U.S.
Oil & Gas 360º
MARCH 4, 2025
In the upstream, BP will aim for 10 new major projects to start up by the end of 2027, and a further 810 projects by the end of 2030. million barrels of oil equivalent per day (boed) in 2030, with capacity to increase to 2035. Thats a stark departure from the previous strategy to lower oil and gas output by 2030.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Energy Central
JUNE 24, 2024
The report received considerable media attention because of the projection that by 2030 oil production will reach “a staggering 8 million barrels per day above projected global demand.” ” The report cites the.
Energy Central
JUNE 24, 2024
" By IEA’s estimates, the world will still be using too much oil to be on track for climate targets by 2030 — even though EVs are expected to displace millions of barrels of oil per day by then. Canary Media: "Chart: Electric vehicle growth is slowly eating into global oil demand."
Valor
FEBRUARY 24, 2025
per barrel, while WTI dropped 28 cents to $70.12 per barrel, following a $2 decline on Friday. Read more BP to abandon green energy target and ramp up oil Summary : BP will abandon its plan to expand renewable energy generation 20-fold by 2030, scrapping its target of reaching 50 gigawatts (GW) and maintaining its current 8.2
Drillers
MARCH 24, 2020
billion barrels of proven oil reserves as well as 5.675 trillion cubic metres of natural gas, which explains why the supermajors are not too tired of their problems in Nigeria. According to estimates from human rights groups, millions of barrels have leaked or spilt in the Niger Delta over the years.
Rextag
FEBRUARY 13, 2025
By targeting a 40% cut in oil-and-gas output by 2030 relative to 2019 levels, he repositioned BP as a leader in renewables, wind, solar, and electric vehicle (EV) charging. Signed an MOU with the Iraqi government, exploring redevelopment in the Kirkuk oilfields, estimated at around 9 billion barrels of recoverable oil.
Expert insights. Personalized for you.
91 
Let's personalize your content