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Home › Exxon Mobil Chops Spending by 30%

 

Exxon Mobil Chops Spending by 30%

2020-04-07 15:17:07| OGI

Exxon Mobil Corp. on April 7 throttled back a multiyear investment in shale, LNG and deepwater oil production and will cut planned capital spending by 30% this year as the coronavirus pandemic saps energy demand and oil prices.

Tags: mobil spending exxon chops

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