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ExxonMobil (XOM) Maps Out A 2040 Plan Built On Oil And Cleaner Energy
Simply Wall St.18d agoneutral
ExxonMobil (XOM) Maps Out A 2040 Plan Built On Oil And Cleaner Energy

ExxonMobil Holdings (NYSE:XOM) has outlined a transformation plan through 2040 that pairs its core oil and gas business with large-scale investment in clean energy and lower-emissions projects. The company is signaling a shift in its operating model by targeting substantial capital allocation to lower-emission technologies while maintaining a focus on shareholder returns. This plan is intended to frame ExxonMobil’s long-term role in global energy supply and its positioning on sustainability...

Once-Shunned Refiners Are Minting Money
The Wall Street Journal21d agoneutral
Once-Shunned Refiners Are Minting Money

​📈 Follow our live markets data and coverage. Investors hear a lot about the price of oil, despite the fact that they don’t buy, sell or consume it directly. The process of turning crude into the products actually used to keep the modern world moving is almost an afterthought.