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ExxonMobil cuts $10 billion from its low-carbon plans by 2030

The American oil group now plans to invest $20 billion in low-emission technologies by 2030, down from the $30 billion initially announced one year earlier.

ExxonMobil cuts $10 billion from its low-carbon plans by 2030

SectorCarbone, Captage
ThemeMarchés & Finance, Résultat

ExxonMobil has announced a reduction in its planned investments in low-emission greenhouse gas projects, lowering its forecast to $20 billion for the 2025–2030 period. This adjustment represents a $10 billion decrease compared to the estimates released last December. The group stated that the changes are occurring amid evolving market conditions and shifts in U.S. federal policy.

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