Exxon shares rose 68 cents, to $63.78, yesterday, having already risen 23 per cent since the start of the year.
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Exxon Mobil Spends More Than Usual
US oil major Exxon Mobil yesterday said it expected 2005 capital expenditure to exceed 2004 ones
US oil major Exxon Mobil yesterday said it expected 2005 capital expenditure to exceed 2004 ones, which was a record year for the company's operations.
Exxon expects capital spending to rise to about $15 billion to $16 billion in 2005 and to $16 billion to $17 billion in 2006.
Exxon shares rose 68 cents, to $63.78, yesterday, having already risen 23 per cent since the start of the year.
Exxon shares rose 68 cents, to $63.78, yesterday, having already risen 23 per cent since the start of the year.
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