New ExxonMobil CEO will expand and make a green mark

Business will be sped up at one of the world's largest oil companies after its former CEO has joined the Trump administration and a new chief executive takes over.

Photo: /ritzau/Jacob Ehrbahn

The new CEO of oil major ExxonMobil, Darren W. Woods, has presented plans for large investments in everything from Texas to Guyana in South America, and he also supports green initiatives, reports the New York Times.

The chief executive, replacing Rex Tillerson after his appointment as Secretary of State, thus presents a more aggressive approach to the market than rival energy majors, which are increasingly scaling down their capital investments.

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