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Exxon Ceo Tempers Expectations Around Green Investments

Summary by rd.nl
American oil and gas company ExxonMobil is tempering expectations regarding its investments in low-carbon projects in the coming years. Last year, Exxon announced plans to invest $30 billion in low-carbon energy by 2030. In an interview with the Financial Times, CEO Darren Woods now says he is adjusting the pace of these investments to accommodate the disappointing demand for hydrogen and biofuels, for example.
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American oil and gas company ExxonMobil is tempering expectations regarding its investments in low-carbon projects in the coming years. Last year, Exxon announced plans to invest $30 billion in low-carbon energy by 2030. In an interview with the Financial Times, CEO Darren Woods now says he is adjusting the pace of these investments to accommodate the disappointing demand for hydrogen and biofuels, for example.

·Apeldoorn, Netherlands
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rd.nl broke the news in Apeldoorn, Netherlands on Sunday, November 9, 2025.
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