Saudi Aramco is forecast to be the only oil company to increase its oil and gas production in 2030 compared to 2021 levels under a net zero emissions scenario. The source expects the company's low production costs to put it ahead of its competitors, with most oil and gas companies to see a production drop in order to decrease emissions. Some of the top 10 oil and gas companies worldwide such as Sinopec, Shell, and Chevron are estimated to see at least a 50 percent decrease in production.
Forecast oil and gas production in 2030 as a proportion of 2021 levels following net zero development scenario, by company*
Characteristic
Oil and gas production share compared with 2021 levels
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Energy Monitor. (December 9, 2021). Forecast oil and gas production in 2030 as a proportion of 2021 levels following net zero development scenario, by company* [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1283953/change-in-oil-and-gas-production-following-net-zero-emissions-scenario-by-company/
Energy Monitor. "Forecast oil and gas production in 2030 as a proportion of 2021 levels following net zero development scenario, by company*." Chart. December 9, 2021. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1283953/change-in-oil-and-gas-production-following-net-zero-emissions-scenario-by-company/
Energy Monitor. (2021). Forecast oil and gas production in 2030 as a proportion of 2021 levels following net zero development scenario, by company*. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1283953/change-in-oil-and-gas-production-following-net-zero-emissions-scenario-by-company/
Energy Monitor. "Forecast Oil and Gas Production in 2030 as a Proportion of 2021 Levels following Net Zero Development Scenario, by Company*." Statista, Statista Inc., 9 Dec 2021, https://www.statista.com/statistics/1283953/change-in-oil-and-gas-production-following-net-zero-emissions-scenario-by-company/
Energy Monitor, Forecast oil and gas production in 2030 as a proportion of 2021 levels following net zero development scenario, by company* Statista, https://www.statista.com/statistics/1283953/change-in-oil-and-gas-production-following-net-zero-emissions-scenario-by-company/ (last visited November 22, 2024)
Forecast oil and gas production in 2030 as a proportion of 2021 levels following net zero development scenario, by company* [Graph], Energy Monitor, December 9, 2021. [Online]. Available: https://www.statista.com/statistics/1283953/change-in-oil-and-gas-production-following-net-zero-emissions-scenario-by-company/
