Exxon to take up to $20 billion impairment charge on gas assets


FILE PHOTO: An Exxon sign is seen at a gas station in the Chicago suburb of Norridge, Illinois, U.S., October 27, 2016. REUTERS/Jim Young

(Reuters) – Exxon Mobil Corp said on Monday it would take an impairment charge of about $17 billion to $20 billion in the fourth quarter related to some of its dry gas assets.

Reporting by Arathy S Nair in Bengaluru; Editing by Sriraj Kalluvila



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