Exxon CEO Woods: consumers foot the bill of rushed energy transition. Exxon CEO: All new cars sold in the U.S. will be electric in 2040. Several years of low investment in supply have made energy […]
 Source NPR: President Biden and Big Oil are at each other’s throats. At a time when gas prices are at the highest level in history, hurting regular Americans, he points out that Big Oil companies […]
Exxon Mobil CEO Darren Woods warns that an abrupt transition to renewable energy will cause society to “pay a high price.” The national average price for a gallon of gasoline is currently nearly $5, causing strife for […]
Exxon Mobil CEO Darren Woods would like the U.S. government to help incentivize some of the clean energy innovations his company is developing, like biofuels and direct air capture of carbon dioxide. In an interview with […]
U.S. energy supermajor ExxonMobil has become QatarEnergy’s third international partner in the North Field East (NFE) expansion project after TotalEnergies and Eni joined earlier this month. With this deal, Exxon committed to helping further develop […]
Oil and gas markets may be tight for another three to five years as the industry tries to catch up with underinvestment in new production due to the pandemic, ExxonMobil CEO Darren Woods said June […]
Exxon has claimed waiving the Jones Act vessel requirements will tame prices Tools at Biden administration’s disposal are limited: analyst Waiving a century-old shipping law to let foreign-flagged vessels transport fuel between US ports — […]
IRVING, Texas–(BUSINESS WIRE)–ExxonMobil today released the following statement in response to a letter from President Biden. We have been in regular contact with the administration to update the President and his staff on how ExxonMobil […]
US President Joe Biden speak about the economy and inflation from the deck of the USS Iowa at the … [+] Port of Los Angeles on June 10, 2022. – US inflation surged to a new four-decade […]
WASHINGTON, June 2 (Reuters) – The White House is considering congressional proposals that could tax oil and gas producers’ profits in order to provide a benefit to consumers struggling with higher energy prices, a U.S. […]
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