ExxonMobil Holdings Corp. is standing by Mideast growth plans despite the Iran conflict that knocked half-a-million barrels of the company’s daily production offline. “We’re not going to make broad investment decisions based on today’s headlines,” Chief Financial Officer Neil Hansen said during an interview. “We thrive in these types of environments, and we remain committed to the current and future investments in the region.” Before the war began in late February, ExxonMobil was pumping the equivalent of 900,000 barrels of crude a day in the United Arab Emirates and Qatar, or roughly one-fifth of its global output #oott bloomberg.com/news/articles/…

ExxonMobil Holdings Corp. is standing by Mideast growth plans despite the Iran conflict that knocked half-a-million barrels of the company’s daily production offline. “We’re not going to make broad investment decisions based on today’s headlines,” Chief Financial Officer Neil Hansen said during an interview. “We thrive in these types of environments, and we remain committed to the current and future investments in the region.” Before the war began in late February, ExxonMobil was pumping the equivalent of 900,000 barrels of crude a day in the United Arab Emirates and Qatar, or roughly one-fifth of its global output #oott bloomberg.com/news/articles/…

Source:https://x.com/staunovo/status/2083188234394145062