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Media: Exxon has to find USD 48 billion

The US-based fossil energy giant faces massive cutbacks and canceled projects, Reuters reports.

Photo: Brendan Mcdermid/Reuters/Ritzau Scanpix

Exxon Mobil will come up short of USD 48 billion next year, forcing the oil and gas supermajor to lay off personnel and roll back on projects – all while the sacred shareholder dividend appears to be in jeopardy, Reuters reports based on several quant statements.

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