(EnergyAsia, May 8, Thursday) — ExxonMobil’s Thai refining subsidiary had a disappointing initial public offering (IPO) last month, raising just 8.8 billion baht instead of the 11 billion baht it had hoped for. (US$1=30 baht).Analysts said investors were concerned that rising crude oil prices would undermine the company’s refining profitability.ExxonMobil, with a 87.5% stake, and…