Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.
Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns
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Chevron Corporation, Corporations, Electric and Hybrid Vehicles, Exxon Mobil Corp, Global Warming, Greenhouse Gas Emissions, Guyana, Hess Corporation, International Energy Agency, Mergers, Acquisitions and Divestitures, Natural Gas, Nuclear Energy, Oil (Petroleum) and Gasoline, Permian Basin (North America), Pioneer Natural Resources Company, Prices (Fares, Fees and Rates), Production, Solar Energy, Stocks and Bonds, United States