Interview: Todd Onderdonk, ExxonMobil: ‘Oil and gas will grow more than renewables’

by Rudolf ten Hoedt

ExxonMobil sees great perspectives for renewables, but has no intention of entering this sector of the energy business. Instead, the US oil giant, the wealthiest company in the world, is making record investments in exploration and production of oil and gas. A market-driven strategy. “Oil and gas are going to grow much more in absolute terms than renewables.”