ExxonMobil has been named as one of several major international oil & gas companies planning hundreds of expansion projects in the coming years, which pursuits, the report says, call into question the sincerity of their climate change pledges, reducing them to no more than “PR exercises.”
Oil Change International, described as a United States-based non-profit organisation that “provides research, communication, and advocacy services” on the oil & gas sector, named eight oil & gas companies which it says are planning hundreds of expansion projects in the coming years even as the world is on track to exhaust its remaining carbon budget. The seven other companies named, alongside ExxonMobil, are: BP, Eni, Shell, Chevron, Equinor and Repsol.