Big Oil's bid to lure back investors with cash could ultimately fail
Big Oil’s bid to lure back investors with cash could ultimately fail
ExxonMobil Corp. and Saudi Basic Industries Corp. (Sabic) Gulf Coast Growth Ventures petrochemical complex under construction in Gregory, Texas, U.S., on Wednesday, July 28, 2021. Eddie Seal | Bloomberg | Getty Images LONDON — The world’s largest oil and gas majors are seeking to lure back investors by returning more cash to shareholders. Market participants, particularly those looking to the…
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