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InsideClimate News
Feb 23, 2017, 3:00 am294 ptsLow prices force the oil giant to stop counting 3.5 billion barrels as an asset, a major turnaround in its accounting. By Nicholas Kusnetz ExxonMobil announced Wednesday that it had wiped off its books all 3.5 billion barrels of tar sands oil reserves at one of its projects in Canada. Because of recent low oil…
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