ExxonMobil expects to increase production by about 1 million barrels equivalent to a total of 5 million boe/d by 2015,meeting its 3%/year growth target,CEO Rex Tillerson said March 8.Tillerson,in his first analyst meeting since taking the helm from Lee Raymond,echoed Raymond's conservative stance."Our investment strategy has remained consistent over the years.It is not driven by short-term swings in commodity prices or earnings.We are long-term driven and patient,and not opportunity constrained,"he said.
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