Media: Exxon has to find USD 48bn
The US-based fossil energy giant faces massive cutbacks and canceled projects, Reuters reports.
Exxon Mobil will come up short of USD 48 billion next year, forcing the oil and gas supermajor to lay off personnel and roll back on projects – all while the sacred shareholder dividend appears to be in jeopardy, Reuters reports based on several quant statements.
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