Friday 11 July 2014
 
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Energy supplies

Exxon plans $185bn energy development spend

ExxonMobil, the global oil and gas company, plans to invest approximately $185 billion over the next five years to develop new supplies of energy to meet expected growth in demand, said its chairman and CEO. “During challenging times for t

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LNG production to grow 14pc

Global output of LNG is likely to increase 14 per cent next year as new projects begin operations in Qatar and Indonesia, which cater to more than a quarter of the world’s demand, said a London-based consultant in a report. LNG production

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