ExxonMobil's December 2024 announcement to pursue up to $30 billion in low-emission projects from 2025 through 2030 is a bold bet on the clean energy transition. Around 65% of this spend is ...

Exxon Mobil (NYSE:XOM), which once criticized clean energy spending by European rivals, is poised to leapfrog Shell (SHEL) and BP (BP) in low carbon spending, the Financial Times reported Monday.

According to data from energy consultancy Wood Mackenzie (cited by the Financial Times), the move would place ExxonMobil ahead of Shell and BP in absolute low-carbon investment. While ExxonMobil ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. ExxonMobil, which once derided European rivals’ clean energy investments as a “beauty contest” that ...

According to data from energy consultancy Wood Mackenzie (cited by the Financial Times), the move would place ExxonMobil ahead of Shell and BP in absolute low-carbon investment. While ExxonMobil ...

BP Plc is off to a “great start” in its strategy reset and can follow through on the turnaround despite the recent drop in oil prices, said Chief Executive Officer Murray Auchincloss.

Profits at BP are expected to have fallen to $1.6 billion ... when it reports quarterly figures on Tuesday. Shell's earnings are forecast to have dropped to $5.1 billion in the first quarter ...