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.
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Read the article online at: https://www.worldpipelines.com/business-news/09042020/exxonmobil-reduces-capex-by-30/
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