“We're very much on track for the $9 billion at the end of this year relative to 2019.”

In context

“nk you. Good morning. Darren Woods: Good morning Roger. Roger Read: What I'd like to ask on the specific commentary about the $7.2 billion in savings on track for the $9 billion this year. Could you characterize a little bit where that's come from to-date, how kind of general inflation within not just the oil field but in general, how that's affecting that? And is $9 billion, like is that the end of the program, or is there something to happen beyond that? I know I'm kind of asking three questions in one, but they're all focused right around the $7 billion to $9 billion. So, if you allow me, I'll throw that out. Kathy Mikells: I'll try and circle around that kind of suite of questions for you, Roger. So, I'd start by saying, overall, we feel really good about the progress that we've made. We're very much on track for the $9 billion at the end of this year relative to 2019. If you look overall at where a number of, I'd say, different programs are driving savings for us, one is just improving the overall productivity across our workforce. If you think about how that's manifested itself in Upstream, it's been a significant reduction in what I would describe as above-field cost that's been a real focus of that organization. We've made a number of different organizational changes over the past couple of years, I would describe those generally as looking to centralize kind of key functions across the company that have been done disparately. Previously, our global projects organization would be a great example of that. Last year, more recently, the combination of our Upstream -- I'm sorry, our Downstream and Chem organization into our Product Solutions business, a”