Total, Exxon Review Sri Lanka Oil Reserves Ahead of Biggest Auction

Bloomberg reported that explorers are reviewing the oil reserves in Sri Lanka, including Exxon Mobile Corp and Total SA.

As quoted in the market news:

Exxon Mobil, the world’s largest oil company by value, and Total, Europe’s third-largest, bought data related to the sale of 13 offshore fields, Saliya Wickramasuriya, director general at the Petroleum Resources Development Secretariat, said in an interview.

Click here to read the full Bloomberg report.