PXD Jan 2025 100.000 call

UPDATE 1-Exxon CEO Darren Woods likely to attend COP28 – sources

Exxon Mobil Corp Chief Executive Darren Woods is making plans to attend the COP28 climate summit in Dubai next week, two people close to the information said, in what would mark a first for an Exxon CEO, if confirmed. Woods, currently not in the summit program, is expected to advocate for more oil production with less carbon emissions, in what became his mantra in the past couple of years. Leading the climate talks is Sultan al-Jaber, also chief executive of the UAE’s state-owned Abu Dhabi National Oil Company (ADNOC), whose work with the industry in the run-up to the summit has led to more than 20 oil and gas companies signing up to a voluntary climate pledge.