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Exxon Will Use Wind, Solar Power to Produce Crude Oil in Texas

Exxon Mobil Corp. will use renewable energy to produce oil in West Texas. Under 12-year agreements with Denmark’s Orsted A/S, Exxon will buy 500 megawatts of wind and solar power in the Permian Basin, the fastest growing U.S. oil field. It is the largest ever renewable power contract signed by an oil company, according to […]

Morgan Stanley aims to support $750 bln in low-carbon investments by 2030