Global commodities trading house Vitol likes exposure to the U.S. upstream space while supermajor producer Exxon Mobil is digging deeper into its trading business, executives said at CERAWeek by S&P Global.
Shell and ExxonMobil are selling their California wells despite oil selling at high prices. Experts say one reason is looming liability for environmental cleanup.
Shell and ExxonMobil are selling their California wells despite oil selling at high prices. Experts say one reason is looming liability for environmental cleanup.