Exxon Mobil chief revamps refining, chemical operations

Houston

EXXON Mobil Corp's chief executive Darren Woods is reorganising the company's refining and chemical operations, part of a push to boost profits amid volatile oil and natural gas prices, a spokeswoman said.

The changes at the world's largest publicly traded oil producer are the most sweeping to date by Mr Woods, who became chief executive in January after former chief Rex Tillerson resigned to become US Secretary of State.