Exxon Mobil working on gas-powered plant “If the United States follows a similar data center growth trajectory as Ireland, a path setter whose data centers are projected to cons

Exxon Mobil plans to invest heavily into several big projects over the next six years, even as some other oil companies are growing more cautious, the company said at an investor day on Wednesday. All that investment comes at a time when most analysts expect oil prices to fall next year because of a glut—which may be why Exxon stock was down 0.

Exxon Mobil, a US multinational oil and gas corporation based in Texas, on Wednesday announced a plan to create an additional $20 billion in earnings potential and $30 billion in cash flow potential for shareholders by 2030.