ExxonMobil Looking to Reduce Spending Due to CQyiD-19's Effect on the Market

摘要

Irving— ExxonMobil said it is looking to "significantly" cut back on spending as a result of current market conditions caused by the COVID-19 pandemic and commodity price decreases. "Based on this unprecedented environment, we are evaluating all appropriate steps to significantly reduce capital and operating expenses in the near term," noted Darren Woods, chairman and chief executive of Exxon Mobil Corp. Plans will be outlined once they are finalized.