Exxon lost 6 billion barrels, which sort of matters
By Liam Denning Bloomberg Opinion
Six billion? Six shmillion. Exxon Mobil Corp.’s annual filing with the SEC, which dropped late Thursday, reveals the company debooked 6.3 billion barrels of oil equivalent in 2020, or almost 30% of its proved reserves. That’s a lot of oil and gas gone.
Except...
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