ExxonMobil to cut capex by 12%

US supermajor ExxonMobil plans to reduce its capital expenditure by 12% in 2015.

Spending cut: Rex Tillerson's ExxonMobil plans to lower capital expenditure
Spending cut: Rex Tillerson's ExxonMobil plans to lower capital expenditure
Published 4 March 2015, 14:12Updated 4 March 2015, 16:05
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