ExxonMobil assets set for chopping block

Analysts Wood Mackenzie say that global oil and gas major ExxonMobil might have difficulty finding buyers for its Asia Pacific assets, as the company considers a divestment programme that could be worth as a much as $5-billion. ExxonMobil has previously revealed its ambitions to divest up to $15-billion worth of its assets by 2021, with the company at the end of September signing an agreement to sell its Norway upstream operation for $4.5-billion.