Exxon Mobil Corp has said it will be taking a look at the oil supermajor’s role in Europe in light of the new windfall profit taxes. Exxon’s Chief Executive Darren Woods made the announcement during a CERAWeek panel on Tuesday, adding that the windfall profit taxes serve to discourage investments. Meanwhile, the U.
S. supermajor is sinking more money into its U.S. operations. He referred to Europe’s windfall tax move as the proverbial “stick” in the carrot and stick scenario. Meanwhile, back home in the United States,…Output At Huge Kazakh Oilfield Dips On Unscheduled Maintenance
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