Exxon Mobil sees dip in oil, gas output this year
12.03.2012
By Matt Daily
Exxon Mobil Corp (XOM.N) said its 2012 oil and natural gas output would drop 3 percent fr om last year even as it increases spending to bring several large new projects on line, and its shares fell 1.2 percent.
Despite the expected drop in 2012, production should increase by...