Thursday, October 16, 2025
ExxonMobil retreats from Europe, credits Trump for pro-oil stance- oil and gas 360

ExxonMobil retreats from Europe, credits Trump for pro-oil stance

(World Oil)– Exxon Mobil Corp. Chief Executive Officer Darren Woods renewed criticism of the European Union’s energy policies while praising U.S. President Donald Trump’s approach. The Texas oil and gas giant is slowing investment in Europe and selling assets, with Woods describing the bloc’s climate and human rights regulations as “slowing things down and trying to over-prescribe unpractical” solutions. He