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3 years ago

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Exxon Mobil steps back from plan to increase spending, preparing to slash assets book value

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Exxon Mobil steps back from plan to increase spending, preparing to slash assets book value

Exxon Mobil Corp. is retreating from a plan to increase spending to boost its oil and gas production by 2025 and preparing to slash the book value of its assets by up to $20 billion, as the struggling company reassesses its next decade.

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Exxon Mobil steps back from plan to increase spending, preparing to slash assets book value

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Exxon Mobil steps back from plan to increase spending, preparing to slash assets book value

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