Energy_Transition

Oil sector back in black, but green is the future

Climate action and capital discipline still needed as oil profits and stock prices recover

Recovery: ExxonMobil chief executive Darren Woods. The US supermajor has reported a $2.7 billion profit for the first quarter of 2021 and its stock price has jumped from late-October lows.
Recovery: ExxonMobil chief executive Darren Woods. The US supermajor has reported a $2.7 billion profit for the first quarter of 2021 and its stock price has jumped from late-October lows.Photo: AP/SCANPIX
  • Editorial
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Published 6 May 2021, 06:31Updated 6 May 2021, 06:31