Introduction
Today’s column continues the coverage of my linking of the theoretical analysis; that is Pillars A B completed so far and policy formulation for the sector, to come.
Introduction
This week’s column and the ones immediately following are devoted to linking the two areas into which I have codified my presentation thus far.
Introduction
Today’s column starts with a brief acknowledgement of my completion of the indicated “considered critique” of ExxonMobil’s performance in relation to global climate change and energy transition.
Introduction
Today’s column addresses the fourth and final focus area for my critique of ExxonMobil’s actions in regard to the transition away from policies that reinforce global warming, climate change, and in support of primary reliance on clean energy technologies in an environmentally-friendly energy mix.
Last week’s column represents an earnest effort on my part, to portray, largely in its own words, ExxonMobil’s official posture on global climate change and the energy transition away from fossil fuels usage.
Introduction
In last week’s column, I had focused on those reputational risks which confront ExxonMobil, and are not risks directly arising from its performance in regard to global climate change and energy transition.
Introduction
Today’s column brings together the manifest debt deformations of ExxonMobil [its zombification] on the one hand; and other deformations more directly related to the firm’s culture, its management performance, social and cultural interactions in the wider society, and consequently its reputational risk exposure.
Introduction
Today’s column wraps-up my evaluation of whether the assertion can be plausibly sustained that Guyana’s rapidly emergent oil and gas sector has dramatically improved the fortunes of ExxonMobil going forward.
Introduction
A month ago, in my February 13 column, I had readily acknowledged my strong support for the widely expressed judgment that “ExxonMobil in the second half of the 2010s and certainly all of 2020, had become a classic zombie firm, as that term is defined… in business, finance and economics” I used the preceding month to evaluate whether a turnaround away from this zombie status was likely; beginning in Q4 2021.
Introduction
My two immediately preceding columns have been dedicated to exploring, for reader’s benefit the thesis advanced by Envision Research, which argues that, ExxonMobil, an iconic Global 500 corporation, can successfully turnaround its fortunes away from its heavy indebtedness and ongoing zombification – if it could arrive at a financial position where it is able to generate sufficient revenues to be able to invest in its own self-driven or organic growth.
Introduction
Today’s column continues with a presentation of Envision Research’s modelling of ExxonMobil’s seeming turnaround away from the process of zombification, as I have explained this term.
Introduction
As indicated last week, because of space constraints, this week’s column begins with my introduction of a Schedule that I could not have presented then.
Introduction
Today’s column treats with my support for the well-sustained assertion to the effect that ExxonMobil, in the second half of the 2010s and certainly all of 2020, had become a classic zombie firm, as defined in last week’s column as a business, finance and economics concept.
Introduction
In an earlier column, January 16, I had intimated that this ongoing series of columns, which I have been pursuing could well turn out to be, frankly, an overly ambitious task.
Introduction
Today’s column will advance the notion of happenstance, which I had introduced in last week’s, as representing the most apt explanation for Guyana’s revealed creaming curve of world-class recoverable petroleum discoveries.
Introduction
Today’s column has two broad objectives. The first is to keep the promise I made last week to start today’s column with brief comments on the current situation in regard to global climate action, specifically as manifested in this year’s United Nations Environment Program, UNEP’s, Production Gap Report.