ExxonMobil to slash low-carbon spending by a third
Oil major will cut investment over next five years from $30bn to $20bn
Oil major will cut investment over next five years from $30bn to $20bn

CEO Darren Woods says rules reminiscent of ‘centrally planned economies’ have failed to support green products

It is left to a coalition of the willing to start the hard work of phasing out fossil fuels

Business plan unveiled at investor day emphasises need to cut costs and lower capital expenditure

Status update on plan to save $5bn comes as US hedge fund pushes energy major to go even further

Drop in oil prices drags second-quarter earnings to lowest level since pandemic

Deals between buyers and suppliers of green energy or technologies among proposed climate solutions