ExxonMobil boosts energy transition investment and ignores critics with share buy-back extension

US supermajor will increase stock repurchase programme to $50 billion by 2024

Share value: ExxonMobil chief executive Darren Woods. — Share value: ExxonMobil chief executive Darren Woods.Photo: AP/SCANPIX

Naomi Klinge

Houston

ExxonMobil ExxonMobil Low Carbon Solutions Joe Biden Darren Woods Americas

Published 9 December 2022, 00:26Updated 14 December 2022, 15:26