Arab Today, arab today exxonmobil to boost capital spending
Last Updated : GMT 06:53:52
Arab Today, arab today
Arab Today, arab today

ExxonMobil to boost capital spending

Arab Today, arab today

Arab Today, arab today ExxonMobil to boost capital spending

New York - AFP

US oil giant ExxonMobil Wednesday outlined a massive capital spending program that it projected would lead to annual output increases of two to three percent between 2013 and 2017. Exxon, delivering its annual analyst presentation at the New York Stock Exchange, said it would spend an average $38 billion per year over the five-year period, up from the $37 billion forecast at last year\'s meeting. Exxon projected the capital plan would boost its output from 4.2 million barrels a day of oil-equivalent in 2012 to 4.8 million barrels a day in 2017. Exxon in 2012 reported profits of $44.9 billion, up nine percent from 2011. However, Exxon ended 2011 with oil and gas output of 4.24 million barrels a day, down 5.9 percent from 2011, nearly double the three percent Exxon had projected a year ago. On Wednesday the company said output would continue to decline over 2013, by by one percent.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today exxonmobil to boost capital spending Arab Today, arab today exxonmobil to boost capital spending

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today exxonmobil to boost capital spending Arab Today, arab today exxonmobil to boost capital spending

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday