Exxonmobil announces corporate plan

Irving, texas--( business wire )--exxonmobil today announced its corporate plan for the next five years, with a sizeable increase in investments aimed at emission reductions and accretive lower-emission initiatives, including its low carbon solutions business. the corporate plan through 2027 maintains annual capital expenditures at $20-$25 billion, while growing lower-emissions investments to approximately $17 billion. this disciplined approach prioritizes high-return, low-cost-of-supply assets in the upstream and product solutions businesses and supports efforts to reduce greenhouse gas emissions intensity from operated assets, as well as those emitted from other companies.
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