Monday, March 14, 2011

Exxon Mobil sets capital budget for 2011 at US$34 bln, a 5.6% increase from 2010 level

Exxon Mobil set its capital budget for 2011 at US$34 bln, which represents a 5.6% increase from the 2010 level. The company also intends to invest US$33-37 bln annually through 2015, significantly higgher than its previous target range of US$25-30 bln pa through 2014.

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