Cenovus budget includes sustaining capital of approximately $2.1 billion to deliver upstream production of approximately 755,000 barrels of oil equivalent per day (BOE/d)
Cenovus 2021 GUIDANCE $2.7 Billion
Chevron Corporation 2021 Guidance $16 billion
Chevron Corporation Reaffirmed its 2021-2025 guidance for organic capital and exploratory expenditures of $14 billion to $16 billion.
Tourmaline 2021 GUIDANCE $1,075.0 million
Tourmaline 2021 guidance for its exploration and production capital expenditures in 2021 are forecast to be $1,075.0 million
Oxy Company 2021 GUIDANCE
Oxy plans to allocate $2.9 billion for its capital budget for 2021 to sustain its oil and gas production at 1,143 Mboed. Oxy to spend 40 percent of 2021 capital budget in Permian Basin.
Conocophillips Company 2021 GUIDANCE
Conocophillips Company has set a 2021 operating plan capital budget of $5.5 billion.
EOG Resources 2021 GUIDANCE
EOG capital plan of $3.7 to $4.1 billion plan maintains 2021 crude oil volumes of 434,000 to 446,000 Bopd, approximately flat with 4Q 2020.
BP staff to work two days a week from home in shift to flexible working
BP has told at least 25,000 staff around the world that they will be expected to work from home for two days per week after the pandemic in a permanent shift to flexible working.
Oil Surge Eases Following Attack on Key Saudi Crude Terminal
Brent oil erased gains as the market shrugged off an attack on the world’s largest crude terminal in Saudi Arabia.
Devon Energy 2021 GUIDANCE
Devon expects to deliver this improved 2021 oil production outlook with an upstream capital budget of $1.6 billion to $1.8 billion.
Volvo Cars to be fully electric by 2030
Volvo Cars is committed to becoming a leader in the fast-growing premium electric car market and plans to become a fully electric car company by 2030.