ExxonMobil’s U.S. Upstream Swings to Loss; NatGas Reserves Underpin Petchem Investments

摘要

ExxonMobil Corp., the largest natural gas producer in the United States, saw its overall upstream profts slip by almost half year/year during the third quarter, but the super major is capturing signifcant drilling effciencies and lower service costs, which have reduced capital costs year/year by close to $8 billion.