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  1. 1 day ago · Exxon, the biggest western oil company, posted net income of $8.6bn on Friday, down 7 per cent on the same period a year ago. Chevron, the second biggest, made $4.5bn, 30 per cent below last year ...

  2. As the world’s demand for oil and natural gas remains strong, sustaining investment is more important than ever. Our Outlook reflects oil production naturally declining at a rate of about 15% per year. That’s nearly double the IEA’s prior estimates of about 8%.

  3. Oil and natural gas supply from existing wells naturally declines over time, making sustained investments more important than ever. Growing demand for LNG, driven by the Asia Pacific region, is underpinned by growing North America and Middle East supply.

  4. Oil and natural gas supply from existing wells naturally declines over time, making sustained investments more important than ever. Growing demand for LNG, driven by the Asia Pacific region, is underpinned by growing North America and Middle East supply. 2050 insights.

  5. Oct 28, 2020 · If Exxon is right, its gamble will rescue the company as projects from New Mexico to Guyana begin pumping crude oil into a rising market, while its refineries and petrochemicals plants feed an...

    • Derek Brower
  6. May 8, 2023 · A new narrative. Last month, Exxon’s chief executive, Darren Woods, fleshed out the company’s new energy transition strategy in the most detail yet, telling investors that efforts to cut...

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  8. Jan 12, 2023 · Projections created internally by ExxonMobil starting in the late 1970s on the impact of fossil fuels on climate change were very accurate, even surpassing those of some academic and governmental scientists, according to an analysis published Thursday in Science by a team of Harvard-led researchers.

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