|
|
Article: New Exxon CEO targets mideast prospects.(Rex Tillerson, Exxon Mobil Corp.)
- Article from:
- The Oil Daily
- Article date:
- March 9, 2006
- Author:
CopyrightCOPYRIGHT 2006 Energy Intelligence Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Speaking to Wall Street for the first time since taking over for Lee Raymond, new Exxon Mobil Chief Executive Rex Tillerson on Wednesday detailed the oil supermajor's lengthy list of upstream projects designed to boost output to 5 million barrels of oil equivalent per day by the end of the decade.
While those multi-billion dollar projects were initiated during Raymond's time as CEO, it falls on Tillerson's shoulders to them on track and develop a new slate of ventures that will keep Exxon growing beyond 2010. With some politicians in the US continuing to argue that oil companies are making record profits at the expense of the everyday consumer, combined with the ...