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Exxon faces $2 billion loss on California oil property sale

Por: Fox Business Business November 07, 2022

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Taft Mayor Dave Noerr tells FOX Business' Kelly O'Grady that Kern County has updated equipment and is 'ready to do what we do best,' stressing that what's needed is 'permits and policy change.'  , according to reports, is expected to lose about $2 billion when it sells an oil field off the coast of California, where an oil spill halted operations in 2015. The petroleum giant is slated to sell the offshore oil... + full article



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