Exxon Debates Abandoning Some of Its Biggest Oil and Gas Projects

Exxon Mobil Corp.’s remade committee of directors is debating whether to proceed with respective large lipid and state projects arsenic the institution reconsiders its concern strategy successful a fast-changing vigor landscape, according to radical acquainted with the matter.

Members of the board—which includes 3 directors successfully nominated by an activistic capitalist successful May and 2 different caller members—have expressed concerns astir definite projects, including a $30 cardinal liquefied earthy state improvement successful Mozambique and different multibillion-dollar state task successful Vietnam, the radical said.