|
Exxon Mobil: To Relinquish Block In Brazil's Oil-Rich Santos Basin
Wall Street Journal By Angel Gonzalez Of DOW JONES NEWSWIRES HOUSTON (Dow Jones)–Exxon Mobil Corp. (XOM) said Friday it is abandoning its only exploration effort in the Santos Basin, epicenter of Brazil's offshore oil boom. Texas-based Exxon and its partners Hess Corp. |