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Earnings up, production down at ExxonMobil

EXXONMOBIL has booked first-quarter 2013 earnings of $US9.5 billion ($A9.2 billion), up 1% on the...

Noel Dyson

It is despite the company increasing its capital and exploration spending by 33% to $11.8 billion compared to Q1 2012 and production being down. Part of the increased capital expenditure included $3.1...

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