ExxonMobil eyes investment of $28B on oil, gas projects this year

ExxonMobil seeks to begin 12 oil and gas projects over the next two years, company executive Mark Albers said. The company also plans to invest about $28 billion on wells, floating platforms and refineries this year. ExxonMobil CEO Rex Tillerson, meanwhile, said the company expects to finalize its multibillion-dollar takeover of natural gas producer XTO Energy during the second quarter.

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