Wednesday, November 20, 2024
ExxonMobile -oilandgas360

ExxonMobil outlines progress on long-term growth strategy

ExxonMobil Woods told investors that ExxonMobil (stock ticker: XOM) is planning capital expenditures of between $30 billion to $35 billion annually through 2025, consistent with previous guidance. For 2020, the company anticipates an investment level of up to $33 billion, depending on the progress of individual projects. Key Takeaways: Advantaged projects, industry-leading growth opportunities and favorable cost environment support earnings

Development of the FuelCell Energy Project at Toyota’s Port of Long Beach Facility to Proceed; California Public Utilities Commission Reaffirms that the Use of Directed Biogas under the Bioenergy Market Adjusting Tariff (BioMAT) Program is Permissible

Development of the FuelCell Energy Project at Toyota’s Port of Long Beach Facility to Proceed; California Public Utilities Commission Reaffirms that the Use of Directed Biogas under the Bioenergy Market Adjusting Tariff (BioMAT) Program is Permissible