Exxon Mobil (XOM.N) has told Kazakhstan it plans to co-invest roughly $80 billion to expand the Kashagan oilfield, but the proposal is contingent on resolution of a long‑running $150 billion dispute between the Kazakh government and international oil companies.

2026-08-07

Exxon Mobil (XOM.N) has told Kazakhstan it plans to co-invest roughly $80 billion to expand the Kashagan oilfield, but the proposal is contingent on resolution of a long‑running $150 billion dispute between the Kazakh government and international oil companies.