NEW YORK (AFX) – ExxonMobil Corp plans to invest US$100 billion on prospecting, drilling and early production projects, executive vice president Harry Longwell said. “During this decade, we expect to spend 100 billion dollars in capital on approximately 100 projects in the upstream (oil prospecting, drilling, and early production),” he said. “We expect regions such…

This article is for Subscriber members only.
Log In Register