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Exxon cuts capex and will write off up to $20bn in assets 

By: capt_nemo in WRGO | Recommend this post (1)
Sun, 06 Dec 20 6:42 AM | 19 view(s)
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Exxon Mobil Corp on Monday said it would write down the value of natural gas properties by $17 billion to $20 billion, its biggest ever impairment, and slash project spending next year to its lowest level in 15 years.

http://www.investmentwatchblog.com/exxon-cuts-capex-and-will-write-off-up-to-20bn-in-assets/




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