EnergyWatch

A part of Watch Media

Exxon cleans up after Tillerson

Drastic write-downs of oil reserves and a more intense focus on shale oil than before.

Photo: /ritzau/LM OTERO

BY KELD LOUIE PEDERSEN, FINANS

During the last decade of leadership under group CEO Rex Tillerson, ExxonMobil Corp – the world's largest listed oil company – has enjoyed a reputation as a well operated giant.

As such, expectations were high that CEO Darren Woods would carry on business as usual upon taking over the top post, after Tillerson relocated to to Washington D.C. to take up the job as secretary of state in the US government.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Nel books another operating deficit

Foto: PR Nel Hydrogen

Despite achieving a positive bottom-line figure in this year’s first quarter, Nel Hydrogen books yet another substantial operating deficit in the second quarter, albeit improving the result against the same period last year.

Further reading

Related articles

Latest News

  1. RWE boosts spending on wind, solar as gas crisis deepens
  2. KK Wind's revenue to rise with EUR 670m after buying Vestas unit
  3. Iberdrola begins final phase of 590MW solar project in Spain
  4. Ørsted CEO satisfied with results but deems market conditions challenging
  5. Norwegian offshore wind JV forms new partnership
  6. Novozymes continues growth in bioenergy unit
  7. Oil declines slightly after Wednesday's increase
  8. Nel books another operating deficit
  9. Major marine supplier to provide container fleet with green fuels
  10. Ørsted upgrades after soaring in second quarter
  11. Aker BP plans big oil project extensions
  12. Vestas awaits clarity on major US green energy funding
  13. KK Wind Solutions ready to "immediately scale" asset purchase from Vestas
  14. Vestas projects improved service margin in coming quarters
  15. Vestas will keep raising wind turbine prices
  16. Ørsted extends climate ambitions to supply chain
  17. Borr Drilling seeks capital in the US
  18. Media: Russia blocks Western utilities' asset sales
  19. Oil declines as market watches Russian pipeline
  20. Vestas books deficit of EUR 147m in Q2

See all

Job

See all jobs

See all jobs