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Exxon to Raise Output to 5.4 mln boepd by 2030 From 4.3 mln, Exec Says

Business & Policy
March 12, 2025

(Reuters) – Exxon Mobil expects to raise output to 5.4 million barrels of oil equivalent per day in 2030, up from 4.3 million boepd now, the company’s president of upstream said on Wednesday.

The production areas that the company is focused on for growth are Guyana, top U.S. oilfield the Permian, and the liquefied natural gas business, Exxon’s Dan Ammann said at an energy conference in Houston.

Exxon aims to double its LNG business in coming years, he said.

Reporting by Sheila Dang; Editing by Simon Webb