ExxonMobil releases 2023 capex of $24 billion, up 9%; keeps production flat
ExxonMobil released a broad outline of its 2023 corporate plan Dec. 8, as well as goals for the next five years, saying it plans $23 billion to $25 billion of capital spending next year, up 9% on the year, and plans to keep production steady at 3.7 million b/d of oil equivalent, assuming Brent oil prices are at least $60/b….