Home Exxon Mobil Chops Spending by 30%
 

Keywords :   


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

Category:Industrial Goods and Services

Latest from this category

All news

»
16.03How a charity founded by farmers' wives helps children in the Borders
16.03Alcohol-free beer and pet grooming used to measure inflation
16.03Alcohol-free beer and pet grooming used to measure inflation
16.03Steelworks costing 1.3m a day to run
16.03Funding change ends school holiday food vouchers
16.03Firms to be paid to hire unemployed young people
16.03Ukraine's urgent fight on the financial frontline
16.03Starmer to set out support plan for heating oil costs
More »