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ExxonMobil to Drop Some U.S., Canadian Properties to Focus on Permian, Other Top Assets

ExxonMobil to Drop Some U.S., Canadian Properties to Focus on Permian, Other Top Assets

oil_gas_production

Industry Segment: Production | Word Count: 674 Words
Attachment: ExxonMobil Divest 0122

SUGAR LAND--January 14, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--As Exxon Mobil Corporation (NYSE:XOM) (Irving, Texas) narrows its focus in North America to its most productive assets, the oil and gas giant is divesting its less profitable properties in areas such as the U.S. Appalachian region and Canada's Montney and Duvernay shale plays.

Within this article: Details on some of ExxonMobil's major projects in the U.S. and Canada, including an expansion at its refinery in Beaumont, Texas, and a proposed renewable diesel complex in Edmonton, Alberta.

Other companies featured: Imperial Oil Limited (TSX:IMO)

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