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
Pakistan and Turkmenistan agree to fast-track gas pipeline project involving Afghanistan and India
Pakistan and Turkmenistan has agreed to fast-track a major pipeline project that will allow the Central Asian state to supply natural gas to Pakistan and India via Afghanistan.