Exxon sees production falling about 1 percent in 2013
March 6 (Reuters) - Exxon Mobil Corp expects its total 2013 oil and natural gas output to fall about 1 percent, as the world's largest publicly traded energy company produces less natural gas.
Output of higher-priced liquids like crude oil is expected to grow 2 percent this year while natural gas production falls about 5 percent, the company said Wednesday in a slide presentation ahead of its annual analyst meeting.
Last year, Exxon's oil and gas production fell 6 percent to average 4.2 million barrels of oil equivalent (boe) per day.
- India trims perks for U.S. staff in dispute over envoy's New York arrest
- Washington, DC city council raises minimum wage to $11.50/hr in 2016
- China confirms near miss with U.S. ship in South China Sea
- Mega Millions lottery winning tickets sold in California, Georgia |
- The Fabulously Entrepreneurial Life of Ronnie Biggs