Big Oil risks losing 'half a trillion dollars' in bet on short-term price signal: Carbon Tracker

Climate finance analysts warn allure of bullish current crude markets could lead to many high-risk megaprojects, including some in development by petrogiants ExxonMobil, Shell and Equinor, being stranded before coming into production

Drilling on ExxonMobil's Vaca Muerta field in Argentina
Drilling on ExxonMobil's Vaca Muerta field in ArgentinaExxonMobil
Published 27 January 2022, 01:34Updated 27 January 2022, 01:44
oilgasExxonMobilShellPetrobras