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TotalEnergies projects oil and gas output growing over 3% yearly to 2030

The company also forecasts total energy output, including oil, gas, and electricity, rising about 4% per year by the end of the decade, supported by new low-cost project start-ups.

Reported · Written up by our desk · Energy

TotalEnergies expects its oil and gas production to grow by more than 3% each year through 2030, driven by the start-up of new low-cost projects it is currently developing, the company said in its 2026 strategy and outlook, according to OilPrice.

Oil and gas output growth is part of a broader plan: TotalEnergies expects overall energy production, including oil, gas, and electricity, to increase by about 4% per year by the end of the decade.

OilPrice reports that the outlook was laid out in TotalEnergies' strategy and outlook materials shared on Monday.

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