Exxon cuts capex and will write off up to $20bn in assets

reuters.com/article/exxon-mobil-outlook/update-3-exxon-tries-to-put-the-worst-behind-it-with-20-bln-writedown-idINL4N2IG4LY Exxon Mobil Corp on Monday said it would write down the value of natural gas properties by $17 billion to $20 billion, its biggest ever impairment, and slash project