Currents - Energy Industry Insights: Issue 31, August 2020

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Exxon Mobil: Doubling Down While Facing Peak Oil Demand -

"With most competitors pivoting away from upstream growth, Exxon continues to press ahead with investments despite very challenging current price environment for crude and natural gas."

Why this is important: Major oil companies are at a crossroads, electing between diversifying into alternative energy production or betting on continuing demand for oil. The Europeans are looking toward renewables. American firms are staying in oil development....

Please see full Newsletter below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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