Report: Exxon Mobil Considers Selling Permian Assets to Fuel Shale Expansion – Exxon Mobil (NYSE:XOM)
ExxonMobil Corporation XOM is reportedly planning to sell conventional oil reserves in the Permian Basin that could be worth $1 billion. The company plans to shift its focus to expanding shale production after completing the $60 billion acquisition of Pioneer Natural Resources Co. in May, Bloomberg reported. Read: Report: Exxon Mobil cuts staff after merger […]
