financetom
Business
financetom
/
Business
/
Exxon Mobil CEO says hydrocarbons will remain critical for long time
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Exxon Mobil CEO says hydrocarbons will remain critical for long time
Nov 7, 2025 7:01 AM

SAO PAULO, Nov 7 (Reuters) - Hydrocarbons will continue

to play a critical role for a long time to come, the CEO of U.S.

energy company Exxon Mobil ( XOM ) said on Friday, adding that the

question would be whether they continue to be burned as fuel.

"Crude oil and hydrocarbons are going to play a critical

role in everybody's life for a long time to come," Darren Woods

told Reuters in Sao Paulo. "I think the question is, do you

continue to combust them? And that, I think, will change with

time, depending on how technology develops."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved