MARKETS

Public non-OPEC listed firms' fuels production plunge 28% in 2021

GLOBAL public companies representing some 60% of total non-OPEC liquid fuels production last year spent $244 billion on exploration and development, down 28% compared to the pre-pandemic average, the US Energy Information Administration (EIA) said Monday in an analysis of 119 US and international listed firms.

Tim Daiss
Public non-OPEC listed firms' fuels production plunge 28% in 2021

  These companies added 19.2 billion barrels of oil equivalent (boe) to proved reserves in 2021, after net purchases and production, the EIA said in its review based on the published financial reports...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

editions

ENB Social Licence Report 2021

In its second year, this research now includes trends and new findings surrounding impacts and responses as the energy industry seeks to secure and maintain a social licence to operate.