The company eyes deep seas and remote arctic areas, where oil is more costly to extract and transport.
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Exxon Find New Way To Wealth
US oil giant ExxonMobil is putting more money into research...
US oil giant ExxonMobil, ?1 in the world, is putting more money into research as easy-to-reach deposits are decreasing, the senior vice president Stuart McGill said on the press-conference in New York.
He said the company was sure that advances in technology would make it easier to find new sources of oil and natural gas and squeeze more output from existing deposits.
The company eyes deep seas and remote arctic areas, where oil is more costly to extract and transport.
The company eyes deep seas and remote arctic areas, where oil is more costly to extract and transport.
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