How Energy Giants Performed in Q1 2025: A Breakdown of Equinor, BP, Hess, and NOG
Rextag
MAY 8, 2025
Production and Operations Performance Oil and gas output was resilient, underpinned by high asset reliability. BP achieved upstream plant reliability of 95.4%, one of its best on record, and refining availability at 96.2%. Production Breakdown: Oil volumes: 78,675 Bbl/day (58% of total production), up 12.1% shale basins.
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