ExxonMobil, Chevron, and Occidental Petroleum have put themselves in a bind. They committed to climate policies under the Biden administration that they can no longer sustain under President Trump. According to the Wall Street Journal: Big Oil has a tough balancing act: Help further President Trump’s “energy dominance” agenda and stick to its climate goals […]| National Legal And Policy Center
ExxonMobil cannot decide whether it favors climate policies or opposes them. In the new “Lessons from Europe” chapter of its Global Outlook, Exxon argues that the EU’s high-regulation approach to decarbonization has driven up costs, dented investment, and eroded public support—warnings the company says U.S. policymakers should heed as they debate climate and trade rules. […]| National Legal And Policy Center
Two Houston-area energy executives have been named to Fortune’s list of the 100 Most Powerful People in Business.| Energy Capital
Just as NLPC warned, ExxonMobil’s latest signals to investors suggest the company’s foray into “low-carbon” ventures is not going as planned. After years of| National Legal And Policy Center
ExxonMobil recorded one of its largest second-quarter profits in a decade on surging quarterly production from oil and gas fields in Guyana and the Permian basin in the U.S., as well its $60 billion acquisition of Pioneer Natural Resources.| Energy Capital