Exxon notifying contractors, vendors of near-term spending cuts: spokesman

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© Reuters. FILE PHOTO: Logos of ExxonMobil are seen in its booth at Gastech, the world's biggest expo for the gas industry, in Chiba© Reuters. FILE PHOTO: Logos of ExxonMobil are seen in its booth at Gastech, the world’s biggest expo for the gas industry, in Chiba

HOUSTON (Reuters) – Exxon Mobil Corp (NYSE:) is notifying contractors and vendors of planned near-term cuts in capital and operating expenses because of the coronavirus pandemic, a spokesman for the company said on Sunday.

Exxon will announce its reduction plans once they are final, said spokesman Jeremy Eikenberry.

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