Oil & Gas Magazine

MAY 5, 2025

Despus de la adquisicin de Pioneer Natural Resources en 2023, ExxonMobil espera un potencial de flujo de caja operativo de 25 mil millones de dlares a precios y mrgenes constantes para 2030 ExxonMobil anunci que espera una produccin Upstream en 2030 de aproximadamente 5.4

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Rigzone

JUNE 9, 2025

The capacity is planned to grow to up to 30 million tons per annum (MMtpa) by 2030. “Argentina LNG is a large-scale integrated, upstream and midstream gas development project designed to develop the resources of the onshore ‘Vaca Muerta’ field and serve international markets”, Eni added.

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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).

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Rigzone

JUNE 6, 2025

Project Greensand aims to store 400,000 metric tons per annum of CO2, with plans to ramp up to as much as eight million metric tons annually by 2030. It is the first to be reviewed under DNV’s new CO2 RECOND class notation, developed specifically for CO2 handling and conditioning”, Hoegh Evi said.

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Transportation Oil Gas Energy 72

Oil & Gas 360º

MARCH 25, 2025

Oil reserves Analysts have questions over Shells long-term oil resources, particularly how little output growth the company has locked in beyond 2030. In the upstream, the key question mark is the liquids portfolio, RBC Europe Ltd.s Biraj Borkhataria said in a note.

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Egypt Oil & Gas

MARCH 25, 2025

The company said in a statement that it will reinforce its position in liquefied natural gas (LNG) by growing sales by 4-5% per year through to 2030. It said also that it will grow its top line production across our combined Upstream and Integrated Gas business by 1% per year to 2030, sustaining the 1.4

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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.

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Egypt Oil & Gas

APRIL 16, 2025

Globally, bp expects to grow its upstream production between 2.32.5 million barrels of oil equivalent (mmboe) in 2030, with further capacity expected by 2035. Around 1 million barrels of oil equivalent per day (mmboe/d) are expected to be delivered from the US onshore and offshore regions by 2030.

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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.,

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Gas Upstream 101

Oil & Gas Magazine

JUNE 20, 2025

Pech advierte que, si esta tendencia continúa, el impacto alcanzará 2026 y se extenderá hasta 2030. En marzo de 2025, Pemex ya tenía 248 pozos menos que en 2024 y una producción de crudo que cayó a 1.615 millones de barriles diarios (205 mil menos que el año anterior).

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Oil & Gas Magazine

MAY 5, 2025

Se espera que con estos desarrollos, Equinor alcance una produccin cercana a los 200,000 barriles diarios en Brasil para 2030. La compaa mantiene su apuesta estratgica por el pas, enfocndose en proyectos clave como Bacalhau, el proyecto de gas Raia, y el hbrido renovable Serra da Babilnia, operado por su filial Rio Energy.

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Gas Energy Energy Upstream 80

Rextag

APRIL 16, 2025

The discovery comes amid BP's broader pivot away from rapid renewables expansion toward reinforcing its upstream oil and gas portfolio to meet investor expectations and improve financial performance. million barrels of oil equivalent per day globally by 2030, with approximately 1 million barrels expected from the U.S.

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OilPro

APRIL 1, 2025

With LNG exports projected to exceed 30 bcf/d by 2030, now is the time to adopt smarter pipeline solutions. No filters, coalescers or cyclones are required if you solve liquids problems upstream. Check our full benefits and uses by clicking here. Innopipe’s separators work with nature rather than against it.

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Pipeline BCF Natural Gas Condensate 52

Rigzone

JUNE 6, 2025

“These agreements represent progress against BP’s strategy to grow long-term shareholder value, contributing to its goal of growing its upstream business, as well as underlining BP’s continuing commitment to Azerbaijan,” BP continued.

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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.

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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

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Oil Gas Leads

MARCH 14, 2025

Dealy shared that the company has made significant progress in reducing flaring , a key environmental concern in the region: Flaring intensity dropped from 4% in 2019 to ~1% in 2024 (Jan-Oct), supporting ExxonMobils goal of achieving net-zero flaring by 2030.

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Rextag

JUNE 2, 2025

At the top of this tight oil corporate ecosystem is ExxonMobil , with a single-asset NPV10 of over US$100 billion a valuation that matches or exceeds the entire global upstream portfolios of BP and TotalEnergies. By 2030, this elite group of seven companies will hold nearly all remaining inventory with breakeven prices below US$45/bbl WTI.

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Oil & Gas 360º

MAY 15, 2025

billion in 2030 and 2031. HRT is directly connected to the Hardisty Diluent Recovery Unit, an innovative facility which separates diluent from raw bitumen prior to rail transportation, allowing for a competitive netback for upstream producers versus pipeline alternatives. Capital expenditures are expected to average $0.9 $1.0

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BBL Natural Gas Oil Operator 130

Oil Gas Leads

MAY 11, 2025

Jim Chapman With a target of $18 billion in structural savings by 2030, Exxon has shown how scale and capital discipline can drive sustainable breakevens, particularly in the Permian Basin. Mike Wirth, Chevron CEO Wood Mac data shows that weve got the lowest upstream breakeven in the industry.

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Oil & Gas 360º

MARCH 24, 2025

At CERAWeek, Birol said that the world needs upstream investments in existing oil and gas fields to support global energy security. There is a need for oil and gas upstream investments, full stop, he added. The answer was recently provided by none other than the head of the International Energy Agency, Fatih Birol.

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Oil & Gas 360º

APRIL 28, 2025

supermajor said in December 2024 it would pursue up to $30 billion of low emission opportunities between 2025 and 2030, with almost 65% spent on reducing emissions for third-party customers. Still, the U.S. firm says align with its core competencies.

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Valor

JUNE 2, 2025

carbon capture lags as EU surges ahead Summary : The EU now leads CCS development with a mandate requiring oil firms to create 50M tonnes/year CO2 storage by 2030, while U.S. Supreme Court ruled 8-0 to limit environmental reviews for energy projects, barring agencies from assessing upstream/downstream impacts under NEPA. Read more U.S.

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