3/12/2010

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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