ExxonMobil outlines corporate plans to 2027
The company has set annual capital spending through 2027 at US$20 billion to US$25 billion.
The company has set annual capital spending through 2027 at US$20 billion to US$25 billion.
In the company's upstream business, approximately US$8 billion is allocated to currently producing assets, including about US$3 billion for Permian Basin unconventional development and approximately US$1.5 billion for other shale and tight assets worldwide.