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Oily throne

13 December 2016 By Kevin Allison, Fiona Maharg-Bravo

Rex Tillerson’s selection as U.S. secretary of state clears the way for Darren Woods to take charge of the $380 bln oil giant amid falling reserves. With Saudi Aramco prepping an IPO and rival Shell coming up fast, Exxon’s days as Big Oil’s unparalleled heavyweight are numbered.

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