|Bid||229.90 x 0|
|Ask||230.15 x 0|
|Day's Range||228.15 - 231.70|
|52 Week Range||162.90 - 242.20|
|PE Ratio (TTM)||18.58|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
ExxonMobil (XOM) will increase supply volume by 1 million tons annually to India.
Petronet LNG Ltd. has reached an agreement to rework a liquefied natural gas supply agreement with Exxon Mobil Corp., the second such renegotiation by the Indian company for gas supplies after reaching ...
MELBOURNE/NEW DELHI, Sept 11 (Reuters) - India has won a price cut on a 20-year liquefied natural gas (LNG) deal with global giant ExxonMobil Corp in a rare contract renegotiation, a bad sign for producers in a heavily oversupplied global market. In a trade-off for ExxonMobil, India's Petronet LNG will increase its volumes from the Gorgon LNG project in Australia by an extra 1 million tonnes a year to about 2.5 million tonnes a year, but at cheaper rates than initially agreed in 2009.