Exxon Mobil shrinks its European operations, and the leader praises Trump's energy policy

Zhitong
2025.10.13 12:14
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Exxon Mobil CEO Darren Woods criticized the EU's energy policy, stating that it slows down business processes, and praised Trump's energy policies. The company is slowing down its investments in Europe and selling assets. Woods expressed concerns about the slowdown in U.S. shale oil production growth and mentioned that projects to return to Iraq still require time to be implemented