Exclusive: Exxon downsizes global empire as Wall Street worries about dividend - Reuters

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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.

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