ExxonMobil has warned the EU that it will take billions of dollars in climate investment elsewhere if the bloc doesn’t remove the regulatory burdens involved in getting projects off the ground.
(Bloomberg) Exxon Mobil Corp., which operates one of the world’s biggest oil-refining networks, is trying to be more responsive to changing consumer demands as the energy transition gathers pace. The changes it’s considering include potentially replacing some gasoline production with chemicals.Most Read from BloombergChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseAI Fantasy Fades as Wall Street Reels From Real-World Rate JumpRaw Meat-Eating Liver King And Other Health Influencers
In this documentary special from CNBC, David Faber explores whether ExxonMobil is serious about taking on global warming and how its actions match up with its.