44 min listen
CNBC SPECIAL: ExxonMobil at the Crossroads Part 1
CNBC SPECIAL: ExxonMobil at the Crossroads Part 1
ratings:
Length:
36 minutes
Released:
Aug 24, 2022
Format:
Podcast episode
Description
ExxonMobil and the Energy Transition: CNBC’s David Faber begins his comprehensive look at ExxonMobil with a journey to the company’s New Mexico operations in the Permian Basin, the world’s most productive petroleum region. He also dives into the history of ExxonMobil, explores criticism that the company fostered public uncertainty about climate change and recounts the 2021 shareholder rebellion that led to three new directors being named to Exxon’s board. Faber interviews CEO Darren Woods on the pressures he faces to increase production, decrease carbon emissions, and keep his shareholders happy. With an examination of Exxon’s energy transition projects in Houston and New Jersey, Faber also finds out that some experts question whether the company’s goals are adequate or feasible. He interviews activists who fear ExxonMobil is prolonging society’s dependence on fossil fuels and delaying progress of an essential shift towards sustainable, renewable energy. For more CNBC Documentaries: cnbc.com/documentaries
Released:
Aug 24, 2022
Format:
Podcast episode
Titles in the series (100)
Squawk on the Street: Opening Bell 08/19/2019: The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds. by Squawk on the Street