darren woods, exxonmobil, thank you for your time today, darren. >> thank you becky. >> okay.up on squawk box breaking inflation data. plus the national women's soccer league expanding to denver. we're going to speak with ariel investments co-ceo mellody hobson. ariel is part of the new team's ownership group. the new team's ownership group. stay (traffic noises) (♪♪) the road to opportunity. is often the road overlooked. (♪♪) at enterprise mobility, we guide companies to unique solutions, from our team of mobility experts. because we believe the more ways we all have to move forward. the further we'll all go. it's time to grow your business. create a website. how? godaddy. coding... nah. but all that writing... nope. ai, done, built. let's get to work. create a beautiful website in minutes with godaddy. been closer to the heart of this country. straight down exists thanks to american manufacturing and movement to celebrate all things american made. we love this game and we love this country. join us on this journey to bring back american made. >> with the fundrise flagship fu

for that we bring in chairman and ceo darren woods. darren, thank you for joining us this morning.you know, we've seen this growing trend where activists and idealogs, particularly in the climate space, and attorney generals are hijacking and abusing legitimate processes to advance their own selfish agendas. that was certainly true with state attorney general rob bonta. in fact, when he was on your show anountsing his lawsuit, didn't take many questions from you and andrew and joe to show he didn't know much about what he was talking about. in fact, he was lying. lying about our company, lying about our technology, and hurting the character of our people, interfering with our business, and most importantly, getting in the way of improving the environment. ironic of someone taking the position on wanting to improve the environment is doing a lot to block and advance technology that, frankly, is going to keep billions of pounds of plastic waste from landfills and being incinerated and recycled back into products society uses. we invested through 2024 $200 million in this technology.

now, exxon ceo darren woods was asked about deep seek on the call, saying it hasn't impacted the conversationsg there is still a lot of interest in gas and carbon capture for data centers and for chevron. the hess acquisition is still an overhang, with ceo mike wirth telling squawk box today that he remains confident hess will prevail in the arbitration, saying there is a line of sight to resolution later. >> this year. >> guys. >> okay, pippa. thank you. pippa stephens, we're getting more news out of washington. a busy afternoon megan costello joining us now with these new details. megan. >> a few more details scott on tariffs. the press pool is back in the oval office right now with president trump. we have not yet gotten the tape feed from that. but just based on the headlines that we're getting from the wires, it appears that he's saying now that oil and gas tariffs will take effect by february 18th. it is not yet clear if that is only on canada and mexico, or if canada and mexico. oil and gas tariffs could be earlier. but we will be getting some oil and gas tariffs, he says by february 18

we had exxonmobil's ceo, darren woods on with us on friday.aking the point that he doesn't want to see huge swings in things like carbon capture. that's a market that they've spent billions of dollars trying to build up that market. and i wonder, does this signal that those incentives will go away for any of those people? >> oh, no. no. those incentives are built into our tax code now. i don't think we have any desire, like 45q, 45v, that's hydrogen. all of these things are built in, because these are billions of dollars of investments. >> companies spend lots of money. >> you can't swing two, three years. and they're great employers. if you look at the nuclear sector, for instance, which has been very dormant over the last 30 to 40 years. we just passed a bill last year to incentivize that, to get our smrs going. that's a great employer. that's a great investment in every community, construction jobs, et cetera. so this is unleashing. unleashing is the term, i think. and that includes carbon capture and sequestration. we'll move forward with