Exxon’s Tillerson Bets Gas, Not Oil, Is Key to Growth
Exxon, the world’s second-largest company, plans to start 12 new gas and crude projects in the next two years, Mark Albers, a senior vice president at the Irving, Texas-based company, told analysts today in New York. Capital spending on wells, floating platforms, gas-export plants and refineries will rise 3.4 percent this year to $28 billion.
Source: Bloomberg















