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ExxonMobil executives believe global oil markets could remain tight for another three to five years, largely because of a lack of investment since the pandemic began, Bloomberg reports.
Louisiana’s chemical manufacturing sector could be “poised for a booming year,” says Rhoman Hardy, senior vice president, U.S. Gulf Coast, Shell Chemicals and Products.
Energy shocks related to the Ukraine crisis could have an upside for Louisiana's petrochemical industry.
ExxonMobil is looking to further reduce its debt, evaluating sustainability-linked financing instruments and preparing for potential new climate-related disclosure requirements, finance chief Kathryn Mikells says.
Congress is considering reviving taxes on the chemical and petroleum industries to pay for cleanup of polluted sites.