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Thursday 3 March 2016

ExxonMobil chief looking for deals amid oil crash

ExxonMobil chief looking for deals amid oil crash
03 March 2016, Lagos – ExxonMobil hopes to take advantage of the oil price crash to acquire other petroleum companies, but will wait for the right opportunity, chief executive Rex Tillerson said Wednesday. Tillerson alluded to the company’s history of big takeovers during oil busts, as when Exxon acquired Mobil in 1999. That deal expanded Exxon’s […] More »

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