ExxonMobil plans £1.6bn sale of North Sea oil and gas stakes
ExxonMobil is planning a retreat from the North Sea with a £1.6 billion ($2 billion) sale of its oil and gas fields. The US oil major is in talks with a number of North Sea oil firms to sell the stakes it owns in about 40 oil and gas fields alongside Royal Dutch Shell.ExxonMobil is responsible...