Exxon Mobil Boosts Capital Spending

0

Exxon Mobil Corp. expects capital spending to rise this year as it pumps more money into projects in areas like Qatar, Russia and the Caspian region, the world’s largest publicly traded oil company said on Wednesday.


The company did not specify a figure for capital spending this year, but predicted it would fall somewhere between $18 billion and $20 billion, up from $17.7 billion last year.


*

Read the full Reuters story

.

No posts to display