Big Oil Is Shedding Assets To Focus On Key Projects ...Middle East

Exxon this week did something unprecedented: it wrote down its gas assets by a massive $17 to $20 billion. In evidence that the crisis has finally gotten to the world’s formerly biggest public oil company, Exxon said it will focus on a handful of key upstream regions, very much like its peers. It seems the pandemic has put an end to the global growth era in oil. It is now time to pick and choose the best projects to invest in while keeping an eye out for sustainability trends. Exxon said this week it would focus its upstream efforts on Guyana,…

Hence then, the article about big oil is shedding assets to focus on key projects was published today ( Thursday 03/12/2020 - 03:30 AM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Big Oil Is Shedding Assets To Focus On Key Projects )

Also on site :

• Best ERP Solutions for Manufacturing (2026): Sage Named UK's Top Choice for Operations and Inventory Management by Expert Consumers
• Samduo lanceert Nex Series op Solar Solutions International 2026 en bevordert energieonafhankelijkheid van huishoudens in heel Europa
• Nvidia Will Spend $26 Billion to Build Open-Weight AI Models, Filings Show