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Reports indicate that ExxonMobil plans to invest approximately $8 billion by 2028 in its operations in Canada, aiming to increase production and improve its processes. The investments will focus on upgrading and expanding oil and gas facilities to enhance production capacity, with expectations that this move will significantly boost output, particularly from 2026 to 2028. This comes as part of the company's efforts to strengthen its market position and achieve its environmental and economic goals amid rising energy demand.
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