US oil firms unlikely to go 'drill, baby, drill' under Trump, says Exxon executive
- U.S. shale producers like ExxonMobil are focusing on financial stability rather than aggressive drilling expansions, despite political encouragement.
- Exxon expects no radical increase in production once Donald Trump is President, emphasizing a commitment to spending discipline.
33 Articles
33 Articles
Exxon Pours Cold Water On Trump's "Drill, Baby, Drill" Plans
Exxon Pours Cold Water On Trump's "Drill, Baby, Drill" Plans Contrary to expectations for a self-defeating flood of new energy production under the second Trump admin, Exxon’s Upstream President Liam Mallon said that oil and gas producers in the US will not raise output significantly in the coming years despite calls from President-Elect Donald Trump to “drill, baby, drill." “I think a radical change is unlikely because the vast majority, if not…
US oil firms unlikely to go 'drill, baby, drill' under Trump, says Exxon executive
U.S. oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a senior executive at Exxon Mobil said on Tuesday.
Exxon Exec Says Oil Companies May Not Be So Keen To 'Drill, Baby, Drill'
An executive for ExxonMobil said Tuesday that oil firms are not likely to significantly step up production in line with President-elect Donald Trump’s “drill, baby, drill” energy agenda at a conference in London. Trump repeatedly pledged to unleash U.S. oil production on the campaign trail to bring… Exxon Exec Says Oil Companies May Not Be So Keen To ‘Drill, Baby, Drill’
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