BOE Report

MARCH 12, 2025

million barrels of oil equivalent per day in 2030, up from 4.3 oilfield the Permian, and the liquefied natural gas business, [Read more] Exxon Mobil expects to raise output to 5.4 million boepd now, the company’s president of upstream said on Wednesday.

Upstream 92

Upstream Natural Gas Barrel Oil 92

Rextag

MARCH 3, 2025

Key Changes in BPs Energy Strategy BPs revised energy strategy involves several significant adjustments, including: Increased Investment in Oil and Gas BP will now allocate $10 billion annually to oil and gas projects, up 20% from previous plans. The company aims to boost daily oil and gas production to between 2.3

Oil 40

Oil Gas Energy Energy 40

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. Strategic Partnerships Formed a new joint venture , Arcius Energy, with ADNOCs investment company XRG to develop natural gas resources in Egypt.

Oil 40

Oil Gas Exploration and Production IT 40

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.

Oil 52

Oil Royalty Exploration and Production Government 52

Rextag

FEBRUARY 17, 2025

If GDP grows at the historical rate, oil demand would be at least 10 million barrels per day (mmbd) higher by 2035 than the IEA forecasts. trillion in clean energy investments per year by 2030, but this assumption ignores financial realities. Jet fuel demand will continue rising well beyond 2030. The IEA forecasts $4.5

Oil 40

Oil Completion Energy Energy 40

Oil Gas Leads

MARCH 13, 2025

natural gas production, particularly in the Haynesville Basin, as domestic gas prices surge. CEO Murray Auchincloss, speaking at the CERAWeek conference in Houston, highlighted the companys renewed focus on oil and gas, marking a strategic pivot from its previous emphasis on renewable energy. million boepd by 2030.

Natural Gas 52

Natural Gas Gas Basin Oil 52

Enverus

MARCH 7, 2025

Al Salazar identifies several factors contributing to this trend: Oil consumption: Oil demand reached an all-time high in 2024, growing by 1 million barrels per day from 2023. Natural gas: The liquefied natural gas sector is witnessing increased trade. “The world is getting older.

Energy 130

Energy Energy Oil Natural Gas 130