'Stranded asset risk': Top oil and gas majors set to increase production to 2030

Michael Holder
clock • 3 min read
Credit: iStock
Image:

Credit: iStock

Total projected oil and gas production is expected to increase by several million barrels-equivalent per day this decade, sparking warnings the sector could be on track to exceed demand

Top oil and gas majors are planning to increase upstream production by several million barrels-equivalent a day between now and the end of the decade, according to new research today which warns increased...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Risk

Severe UK drought sparks call to prioritise water for food growing

Severe UK drought sparks call to prioritise water for food growing

As drought torments farms and food production across Europe, the NFU is calling on the UK government to focus on shoring up domestic food supplies by prioritising water for food production

Mia Willemsen, Farmers Guardian
clock 10 August 2026 • 3 min read
Firms affected by Cairngorms wildfire to share £3m funding from Scottish Government

Firms affected by Cairngorms wildfire to share £3m funding from Scottish Government

Funding aimed at providing 'immediate relief' for impacted firms in order to maintain business continuity and support longer-term recovery

Stuart Stone
clock 10 August 2026 • 4 min read
'A massive threat': El Niño could push almost 50 million people into acute hunger by the end of 2027

'A massive threat': El Niño could push almost 50 million people into acute hunger by the end of 2027

Climate-driven shocks from El Niño could significantly worsen food insecurity in 45 countries, warns United Nations World Food Programme

clock 06 August 2026 • 4 min read