4 Energy Stock Stories to Drive Investor Interest
Exxon Mobil Corporation (NYSE:XOM): Closing price $91.11
Exxon is asked by a senior official in Indonesia to replace its country manager, followings delays at one of its major oilfields, a move that worries the firm about government meddling in the sector. Indonesia is driving companies to develop large oil and gas resources more rapidly so as to fuel the wildly expanding domestic demand, but more state interference over natural resources is causing the country to struggle to attract energy investment since becoming a net oil importer in 2004.
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