After a tough year for Big Oil, Exxon sees a bright spot in Australia

After a tough year for Big Oil, Exxon sees a bright spot in Australia

2 years ago
Global energy giant ExxonMobil is preparing to a tap a new gas field in Bass Strait within weeks as it begins to recover from a bruising year and sees bright demand in Australia ahead of looming east-coast gas shortfalls. The Australian head of the oil and gas producer, which lost tens of billions of dollars last year as the COVID-19 pandemic wiped out demand for its products, said the company was targeting a first gas […]
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