Exxon targets 15% return from $20 bln of low-carbon investments-March 2024-www.financetom.com

Exxon targets 15% return from $20 bln of low-carbon investments

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Exxon targets 15% return from $20 bln of low-carbon investments

Sep 6, 2024 12:58 PM

HOUSTON, Sept 5 (Reuters) - Oil major Exxon Mobil Corp ( XOM )

is targeting about a 15% return from the $20 billion it

plans to invest in low-carbon operations, Dan Ammann, president

of the company's Low Carbon Solutions division, said at a

conference on Thursday.

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