ExxonMobil reduces CAPEX by 30%
Published by Lydia Woellwarth,
Editor
World Pipelines,
ExxonMobil has said it is reducing its 2020 capital spending by 30% and lowering cash operating expenses by 15% in response to low commodity prices resulting from oversupply and demand weakness from the COVID-19 pandemic.
To read the full article
"ExxonMobil reduces CAPEX by 30%"
Please sign in or register for FREE
Sign in »
Register for free »
Get started absolutely FREE in 2 minutes, plus receive a free printed magazine.
Read the article online at: https://www.worldpipelines.com/business-news/09042020/exxonmobil-reduces-capex-by-30/
You might also like
Delivering the right approach to emissions management
Jennifer Thomson, CPO, MachineMax discusses the role of heavy machinery in emissions management.