As of 2023, ExxonMobil planned to spend 93 percent of its investment between 2022 and 2027 on traditional oil and gas business. In comparison, BP planned to invest around 56 percent of its capex between 2023 and 2025 to further its oil and gas business.
Estimated share of investments aimed at traditional oil and gas business by oil supermajors as of 2023
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Moody's. (December 13, 2023). Estimated share of investments aimed at traditional oil and gas business by oil supermajors as of 2023 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1451725/oil-companies-oil-share-in-total-planned-investments/
Moody's. "Estimated share of investments aimed at traditional oil and gas business by oil supermajors as of 2023 ." Chart. December 13, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1451725/oil-companies-oil-share-in-total-planned-investments/
Moody's. (2023). Estimated share of investments aimed at traditional oil and gas business by oil supermajors as of 2023 . Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1451725/oil-companies-oil-share-in-total-planned-investments/
Moody's. "Estimated Share of Investments Aimed at Traditional Oil and Gas Business by Oil Supermajors as of 2023 ." Statista, Statista Inc., 13 Dec 2023, https://www.statista.com/statistics/1451725/oil-companies-oil-share-in-total-planned-investments/
Moody's, Estimated share of investments aimed at traditional oil and gas business by oil supermajors as of 2023 Statista, https://www.statista.com/statistics/1451725/oil-companies-oil-share-in-total-planned-investments/ (last visited November 22, 2024)
Estimated share of investments aimed at traditional oil and gas business by oil supermajors as of 2023 [Graph], Moody's, December 13, 2023. [Online]. Available: https://www.statista.com/statistics/1451725/oil-companies-oil-share-in-total-planned-investments/