YOUR BUSINESS AUTHORITY
Springfield, MO
Exxon Mobil Corp. stepped back from a plan to increase spending to boost its oil and gas production.
The company now plans to spend $19 billion or less next year and $20 billion to $25 billion a year between 2022 and 2025. It previously had planned to spend $30 billion annually through 2025.
The oil company lost more than $2.3 billion during the first three quarters this year.
Read more from The Wall Street Journal.
Springfield event venue Belamour LLC gained new ownership; The Wok on West Bypass opened; and Hawk Barber & Shop closed on a business purchase that expanded its footprint to Ozark.