BP to Cut Oil Production 40% by 2030, and Invest Billions Into Green Energy

bp today introduces a new strategy that will reshape its business as it pivots from being an international oil company focused on producing resources to an integrated energy company focused on delivering solutions for customers. Within 10 years, bp aims to have increased its annual low carbon investment 10-fold to …

The Oil & Gas Industry Doesn’t Have a Bright Future

The oil and gas industry has been in a recession, effectively since the global financial crisis 11 years ago. Each year, production volumes have increased by more than global demand, meaning that the market has been in decline, with lower prices for crude oil and natural gas the natural result. …

The Top 10 Public Global Oil Producers In 2016

The following list is based on average daily global oil production for all publicly traded companies during the most recent fiscal quarter. As noted in the article on natural gas producers, some of the largest producers in the world are either not publicly traded, are largely government owned, and/or they …