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On the virtual stage of the Engineering and Construction Contracting Association’s annual conference Oct. 1, ENR interviewed Neil Duffin, president of ExxonMobil Global Projects Co.
Energy majors, whose CEOs met with President Trump April 3 over falling prices, are among 300 firms in hard-hit sectors hit with ratings cuts, S&P Global Ratings said in an April 8 webinar.
Exxon Mobil Corp. plans to invest $50 billion over five years to expand its U.S. oil-and-gas production facilities, the company said on Feb. 2, when it released its 2017 results, which included $8.4 billion in fourth-quarter earnings and $19 billion in income for the year.
With concern about global warming prompting 177 countries to sign the December 2015 Paris Agreement to reduce greenhouse-gas emissions, the removal of carbon dioxide from power-plant flue gas is becoming an urgent priority.
