JOURNAL ARTICLE

Exxon Says Energy Demand Makes Case for Fossil Fuel Growth.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Crowley, Kevin 3 of 3

Abstract

The article focuses on Exxon Mobil Corp.'s commitment to fossil fuel growth, asserting that global energy demand will remain stable through 2050. The company's president of upstream operations stated that Exxon plans to double its liquefied natural gas sales by 2030 and is heavily investing in oil projects in Guyana and the Permian Basin. Despite global climate goals, Exxon maintains that oil and gas will continue to represent 55% of the global energy mix by 2050, with natural gas expected to see significant growth. The company is also advancing its Golden Pass LNG operation and plans to finalize investments in projects in Mozambique and Papua New Guinea. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/09, pN.PAG
  • Document Type:Article
  • Subject Area:Power and Energy
  • Publication Date:2025
  • Accession Number:188050697
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