Reported 2 days ago
Exxon Mobil Corporation has teamed up with the Abu Dhabi National Oil Company (ADNOC) to enhance the UAE's Upper Zakum oil field production capacity, potentially leading to $60 billion in U.S. investments in UAE energy projects. Despite market fluctuations, Exxon aims for significant global output growth, having reported a 20% increase in production year-over-year. This partnership is part of a broader commitment to strengthen U.S.-UAE energy ties.
Source: YAHOO