Top US oil firms to trim more fat.



Top US oil firms to trim more fat.


Top US oil producers, which already were reining in spending before crude prices started to slip in June, are now looking to trim more fat from their budgets while reminding investors they must spend to grow.ExxonMobil it would keep its current spending plan intact, though it is about 15 per cent less than 2013. ConocoPhillips said it will spend less money next year, and Chevron Corp said it...



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Top US oil firms to trim more fat.



Top US oil firms to trim more fat.


Top US oil producers, which already were reining in spending before crude prices started to slip in June, are now looking to trim more fat from their budgets while reminding investors they must spend to grow.ExxonMobil it would keep its current spending plan intact, though it is about 15 per cent less than 2013. ConocoPhillips said it will spend less money next year, and Chevron Corp said it...



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