Current XOM Stock Info

Multiple tax reductions target LNG investment

Exxon Mobil (ticker: XOM) announced last week that it will join an alliance of companies that is promoting the development of a liquefied natural gas industry in northern British Columbia, reported CBC News.

The British Columbia LNG Alliance said last Wednesday that ExxonMobil Canada Ltd., a subsidiary of the U.S.-based ExxonMobil, has become the group’s seventh member, joining key international players including Chevron Canada (ticker: CVX), Shell Canada Energy (ticker: RDSA), Petronas (ticke...

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