April 05, 2020

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Corporate News

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ExxonMobil evaluating significant near-term capital and operating expense reductions

ExxonMobil, one of the largest publicly traded international energy companies, is looking to significantly reduce spending as a result of market conditions caused by the novel coronavirus (COVID-19) pandemic and commodity price decreases, the company said yesterday. “Based on this unprecedented environment, we are evaluating all appropriate steps to significantly reduce capital and operating expenses […]

March 17, 2020