Despite cuts, Big Oil to expand production into the 2020s

By Ron Bousso LONDON (Reuters) - Never mind the drop in crude prices, huge spending cuts and thousands of job losses - the world's top oil and gas companies are set to produce more than ever for some time. While top oil companies struggle with slumping revenues following a more than halving of prices since mid-2014 after years of spectacular growth, their production has persistently grown as projects sanctioned earlier in the decade come on line. Overall production at the world's seven biggest o