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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Ahead of Thursday’s long awaited meeting between EU’s energy ministers, the EU Commission still has yet to rubber-stamp any proposed solutions to the energy crisis. According to a commissioner, preparations are still underway for the meeting – and gas prices are in focus, according to documents leaked Wednesday.