Why Exxon and Chevron doubling down on fossil fuel makes sense

Exxon’s $60 billion deal to buy Pioneer and Chevron’s $53 billion tie-up with Hess sends a clear message to investors: The world may be shifting to clean energy, but big oil is doubling down on fossil fuel. Sure, the moves by Exxon and Chevron could prove profitable in the near-term as fossil-fuel…#exxon #pioneer #chevron #wellsfargo #rogerread #yahoofinancelive #permianbasin #newmexico #guyana #thirdbridge

Source: Reuters: Health - October 29, 2023 Category: Consumer Health News Source Type: news