ExxonMobil projects global energy demand to rise 15% by 2050, investing in oil and diversifying into lower-carbon sources.

ExxonMobil projects global energy demand to rise 15% by 2050, keeping oil essential for decades. The company plans to invest in oil projects while diversifying into lower-carbon energy sources like hydrogen, biofuels, and carbon capture. ExxonMobil's approach aims to remain flexible and capitalize on future opportunities, ensuring profitable growth in the evolving energy landscape.

August 10, 2024
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