ExxonMobil has huge oil reserves in Guyana. TotalEnergies SE and Shell PLC are looking forward to developing deep-water discoveries in Namibia. British Petroleum? It s doubling down here in the United States.
For a company that made its name with frontier oil discoveries from Iran to Alaska, BP PLC is notably absent from today s hottest new oil plays. The company s head of exploration and production is just fine with that.