BP’s Big U-Turn: Why Is the Energy Giant Returning to Oil and Gas? Shell, Equinor, and Exxon Are Making the Same
Rextag
MARCH 3, 2025
ExxonMobil continues prioritizing oil and gas expansion, increasing their fossil fuel production capacity. The broader energy industry has struggled with high costs, supply chain disruptions, and regulatory uncertainty in renewable energy projects. market, prompting a strategic retreat from the sector.
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