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Exxon boosts capital spendingNEW YORK - EXXON Mobil Corp will increase capital spending nearly 4 per cent this year to US$28 billion (S$39 billion) in part as the largest US oil company seeks to increase its share of the global market for natural gas. Exxon, with huge liquefied natural gas projects in Qatar and its planned deal to buy US gas producer XTO Energy Inc in a US$28 billion, all-stock deal, has been placing big ...
2010-03-12 - Straits Times