Exclusive: Exxon downsizes global empire as Wall Street worries about dividend - Reuters
By Certseek in Business
Updated 4 years ago
Ill-timed bets on rising demand have Exxon Mobil Corp facing a shortfall of about $48 billion through 2021, according to a Reuters tally and Wall Street estimates, a situation that will require the top U.S. oil company to make deep cuts to its staff and projects.