ExxonMobil and Chevron confirmed their commitments to building large-scale projects to address climate change April 30, beginning with a focus on carbon capture. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The companies remain among the world’s largest producers of oil and gas, but the coming energy transition has loomed large and stirred excitement in the last year or so, which was reflected in separate Q1 earnings calls. Earlier this year, ExxonMobil launched its Low Carbon Solutions business to commercialize climate-change technologies and accelerate emissions reductions. It will initially focus on carbon capture and storage, or CCS, and is evaluating and in some cases advancing plans for more than 20 such projects globally, company CEO Darren Woods said. ExxonMobil’s Q1 petrochemicals earnings rise on firm demand, […]