Exxon CEO Says Value, Not Size, Will Be Driver of Acquisitions

The transcript discusses the current global business environment, emphasizing the importance of focusing on long-term strategies and business fundamentals. It highlights growth plans, particularly in the upstream, downstream, and chemicals sectors, and the associated risks. The discussion includes project development in regions like Papua New Guinea and the Permian Basin, with a focus on efficient and cost-effective production. The acquisition strategy is also covered, focusing on value propositions rather than size.

What strategies does the speaker mention for developing resources in the Permian Basin?

How does the speaker view potential acquisitions and their value proposition?