Exxon is 100% all in oil and gas will be for many decades to come. If they are expanding their oil and gas production quite aggressively,. There is Guyana's key example, but it is also Permion. That is targeting final investment decision in Mozambique in 2025 or so. And of course, this is a company that made record profits last year. It can afford to do both.
Bloomberg Commodities Edge Anchor Alix Steel and Bloomberg News Senior US Oil Reporter Kevin Crowley break down the news that Exxon is buying Denbury for $4.9 billion in a deal that will provide the oil giant the largest network of carbon dioxide pipelines in the US. Sara Whaley, Research Associate for Health Policy and Management at the Johns Hopkins Bloomberg School of Public Health, explains the most effective use of opioid litigation funds. Bloomberg Businessweek Columnist Max Chafkin talks about his Businessweek Magazine story Would-Be Twitter Replacements Chase an Audience Ready to Log Off. And we Drive to the Close with Doug Ciocca, CEO at Kavar Capital.
Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
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