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Article: Exxon touts record of enhancing value for national oil companies.(Exxon Mobil Corp.)
- Article from:
- The Oil Daily
- Article date:
- September 5, 2008
- Author:
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A top Exxon Mobil executive on Thursday highlighted the importance of national oil companies (NOCs) working together with international oil companies (IOCs) and emphasized Exxon's strong track record of working with state firms to add value to massive oil and gas projects abroad.
Exxon Senior Vice President Mark Al-bers spoke at a Lehman Brothers energy conference about the challenges of resource nationalism and the lack of access to oil and gas reserves for IOCs in today's high-priced oil market.
"We hear a lot about the role of NOCs versus IOCs, but it's not an 'either or' question. It's both. Experience tells us that together we can generate more ...