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Benzinga
Benzinga
Business
Surbhi Jain

Exxon's Next Boom Isn't Fossil—It's Digital

Exxon Mobil

Forget dark pumps and crude rigs—Exxon Mobil Corp's (NYSE:XOM) new currency could be data and carbon storage. Between now and 2030, the oil titan is earmarking up to $30 billion for lower-emission investments—approximately 65% of which will be directed toward helping other industries reduce their carbon footprints. That includes clean energy initiatives, low-carbon fuels, and carbon capture and storage (CCS) solutions.

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