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Exxon sets target to cut methane emissions

Exxon sign
An Exxon gas station in Woodbridge, Virginia. Photo: SAUL LOEB/AFP/Getty Images

ExxonMobil Corp., the world’s largest publicly traded oil producer, is setting a target of cutting its methane emissions 15% within two years, the company said Wednesday.

Why it matters: It’s the latest sign in how big oil and gas companies are cleaning up their operations under pressure from investors, lawsuits and the public on climate change.