The UK-based oil giant announced it would continue with the second phase of its Mad Dog project off the Louisiana coast just a day after OPEC ministers agreed to cut production, a move that sparked a rally in oil prices. The slump in oil prices has led companies like Exxon Mobil Corp.

Topics:  uk-based   mad dog   louisiana   opec   exxon mobil   corp   since january   oil   project   prices   cut   
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