ExxonMobil warns of lower profits amid overhaul of energy trading and oil and LNG expansion projects

Thursday, 06 July 2023

ExxonMobil Corp., the largest US oil company and leading LNG producer and a partner of Qatar, said changes in natural gas prices would impact its second-quarter Upstream earnings by $1.8 billion to $2.2 billion compared with the first quarter even as the company was also overhauling trading activities and embarking on oil projects in Guyana and LNG expansion.


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Last modified on Thursday, 06 July 2023 09:44
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