BOE Report

MARCH 12, 2025

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.

Upstream 91

Upstream Natural Gas Barrel Oil 91

Oil & Gas 360º

MARCH 4, 2025

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.

Oil 130

Oil Upstream Management Gas 130

Mees

FEBRUARY 28, 2025

The significant capital reallocation away from renewables and towards the upstream marks a complete U-turn from the strategy set out by former CEO Bernard Looney in 2020 when he pledged to reinvent BP, cutting upstream output by 40% versus 2019 levels by 2030, from 2.6mn boe/d to just 1.5mn boe/d (MEES, 7 August 2020).

Upstream 52

Upstream Completion IT 52

Energy Central

AUGUST 5, 2024

’s new chancellor, Rachell Reeves, recently announced that the windfall tax (formally known as the Energy Profits Levy) will be increased to 38 percent (up from 35 percent) on November 1, bringing the rate of tax on upstream oil and gas activities to 78 percent.

Government 40

Government Natural Gas Oil Upstream 40

Oil & Gas Magazine

MARCH 13, 2025

millones de barriles diarios con recursos convencionales, pero Rodrguez Padilla cuestion qu ocurrir despus de 2030 si no se establecen nuevas estrategias. Actualmente, Pemex ha logrado sostener su meta de 1.8 Principales preocupaciones: Dependencia del gas importado: Mxico importa entre 70% y 80% de su gas de EE.UU.,

Gas 101

Gas Upstream 101

Oil Review Middle East

MARCH 10, 2025

Nasser, Aramcos president and CEO, noted that Aramco has made significant strides during the year on a number of projects and initiatives aimed at reinforcing its upstream pre-eminence, further integrating its downstream portfolio and developing the new energies business.

Downstream 40

Downstream Crude Oil Upstream Gas 40

Oil Review Middle East

MARCH 10, 2025

Qatar could account for 20% of global supply after 2030, Rystad predicts, with continuing incremental expansion, its low breakeven and existing infrastructure ensuring dominance in the LNG market. ADNOC's LNG capacity is set to expand significantly with the Ruwais LNG project (9.6

Exploration and Production 40

Exploration and Production Field Upstream Gas 40