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Exxon to raise output to 5.4 mln boepd by 2030 from 4.3 mln, exec says

BOE Report

million barrels of oil equivalent per day in 2030, up from 4.3 million boepd now, the company’s president of upstream said on Wednesday. Exxon Mobil expects to raise output to 5.4 The production areas that the company is focused on for growth are Guyana, top U.S.

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BP looks to hire two more directors under oil-focused strategy

Oil & Gas 360º

Last week, BP said that it is increasing its investment in upstream oil and gas to $10 billion per year while slashing spending on clean energy by more than $5 billion a year in the highly anticipated strategy reset. million barrels of oil equivalent per day (boed) in 2030, with capacity to increase to 2035.

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