Exxon (XOM) to Cut Production by 40M Cubic Feet/Day
Bloomberg is reporting that Exxon Mobil (NYSE: XOM) has cut its gas production by 40 million cubic feet a day in the Gulf of Mexico. So far it has shut 10,000 barrels of daily output in the region. Exxon says evacuations continue offshore as Hurricane Dolly approaches.
Exxon Mobil Corporation engages in the exploration, production, transportation, and sale of crude oil and natural gas.
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