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ExxonMobil NEWS

NFE/5.0en-USnews-webmaster@google.com2019 Google Inc.Mon, 21 Jan 2019 06:34:05 GMTGoogle News
ExxonMobil Begins Drilling Haimara-1 Exploration Well Offshore Guyana  Business Wire

IRVING, Texas--(BUSINESS WIRE)--ExxonMobil said today that it has begun drilling the Haimara-1 exploration well offshore Guyana, the first of two planned ...

Business Wire
ExxonMobil calls Baton Rouge 'unpredictable' after ITEP rejection  Greater Baton Rouge Business Report

Last night's rejection of two ExxonMobil ITEP requests by the school board has company officials saying Baton Rouge is not predictable.

Greater Baton Rouge Business Report
ExxonMobil Purchases Office Building on Hebron Way January 20, 2019  VOCM

ExxonMobil Canada is moving into some new office space in the east end of St. John's. The company is purchasing a new office building on Hebron Way.

VOCM
ITEP critics defeat ExxonMobil tax break requests at School Board; here are next steps  The Advocate

The East Baton Rouge Parish School Board on Thursday voted just before midnight Thursday to reject two controversial requests for industrial tax breaks from ...

The Advocate
Will ExxonMobil Raise Its Dividend in 2019?  Motley Fool

ExxonMobil (NYSE:XOM) has been an energy leader for decades, and it's been generous in the way that it's shared its profits with shareholders in the form of ...

Motley Fool
While ExxonMobil exemptions fail in Baton Rouge, Shell on cruise control in Ascension  The Advocate

GONZALES — A nearly $104 million property tax exemption for a proposed $1.2 billion expansion of Shell Chemical's Geismar plant in Ascension Parish ...

The Advocate
Exxon Mobil: Venezuela's Intimidation Of Exxon Mobil's Ship Shouldn't Affect Growth Plans  Seeking Alpha

Exxon Mobil recently had a ship it had contracted to explore its territory off of Guyana seized. This brings back memories of Venezuela's 2007 nationalization o.

Seeking Alpha
Clean Energy Deal Tracker: ExxonMobil, Facebook headline a record-breaking fourth quarter  GreenBiz

Not only was 2018 the biggest year on record for corporate renewable energy deals, with more than 6.5 gigawatts of contracts on the books, the furious pace of ...

GreenBiz
Cramer's lightning round: Exxon Mobil's stock has finally gotten cheap  CNBC

Jim Cramer rattles off his responses to callers' stock questions, including one tied to a sector he's trying to avoid.

CNBC
Massachusetts AG Healey pressing probe into Exxon Mobil  Boston.com

BOSTON (AP) — Massachusetts Attorney General Maura Healey has been methodically working on a case to find out what Exxon Mobil Corp. knew about the ...

Boston.com
Letters: ExxonMobil a big driver of regional giving  The Advocate

Capital Area United Way fights for the health, education, income stability and basic needs of every person in a 10-pParish community. This fight wouldn't be ...

The Advocate
Healey presses for probe of Exxon Mobil | Regional News  The Daily News of Newburyport

BOSTON — Massachusetts Attorney General Maura Healey has been methodically working on a case to find out what Exxon Mobil Corp. knew about the impact ...

The Daily News of Newburyport
Exxon Mobil (XOM) Gains But Lags Market: What You Should Know  Zacks.com

In the latest trading session, Exxon Mobil (XOM) closed at $71.67, marking a +0.06% move from the previous day.

Zacks.com
USS Investment Management Ltd Reduces Holdings in Exxon Mobil Co. (XOM)  Fairfield Current

USS Investment Management Ltd cut its holdings in Exxon Mobil Co. (NYSE:XOM) by 77.0% during the 3rd quarter, according to the company in its most recent ...

Fairfield Current
ExxonMobil Promoting New Rewards Program With Free Movie Giveaway  CSNews Online

HOUSTON — With "awards season" in full swing, ExxonMobil's new rewards program is giving consumers the chance to act and get awarded. From Jan.

CSNews Online
Buy Chevron or Exxon Mobil - Both Lag the Rise in Crude Oil Prices  TheStreet.com

If you are seeking dividends, own a core long position in Chevron and Exxon Mobil as they currently offer dividend yields of 4.01% and 4.55%, respectively.

TheStreet.com
Should Exxon Mobil Follow Shell's Alternative Energy Strategy?  Seeking Alpha

It's clear that following the Paris Agreement on climate change and various new government policies, the transition towards alternative energy is here to stay.

Seeking Alpha
ExxonMobil, Shell Looking Closer at the Electric Vehicle Charging Business  Fortune

As electric vehicles become more popular, drivers will need to charge them somewhere.

Fortune
ExxonMobil Can't Hide Its Climate Records Any Longer  The American Prospect

The Supreme Court has allowed Massachusetts to access the fossil fuel giant's records—one of many legal challenges the company now faces.

The American Prospect
US Supreme Court refuses to block Healey’s bid to investigate ExxonMobil  The Boston Globe

The US Supreme Court has refused to hear ExxonMobil's bid to prevent Massachusetts Attorney General Maura Healey from investigating whether the oil giant ...

The Boston Globe
How To Boost Your Exxon Mobil Dividend Yield  Seeking Alpha

Exxon Mobil operates in a cash-rich business, leading to outstanding dividend yields. Besides the attractive dividends, I am also looking at selling out-of-the-

Seeking Alpha
2019 Industry: Exxon Mobil's Baton Rouge future ... ITEP and plastics  Greater Baton Rouge Business Report

ExxonMobil has a big decision to make: Invest billions in Baton Rouge or Texas? The answer could hinge on ITEP and plastics.

Greater Baton Rouge Business Report
Exxon Mobil efforts halted after Venezuela confrontation  Chron

Exxon Mobil's efforts offshore of Guyana were abruptly halted when the Venezuelan navy confronted a contract vessel. The offshore waters of the small South ...

Chron
ExxonMobil invited to start onshore exploration as well  The Express Tribune

US company is already searching for hydrocarbons in an offshore well.

The Express Tribune
IBM, Exxon Mobil make quantum computing leap  Houston Chronicle

Exxon Mobil is a founding partner with IBM on an new quantum computing network that they contend could lead to new breakthroughs in petrochemicals, ...

Houston Chronicle
Exxon Mobil headed for its worst annual performance since 1981  Dallas News

Things haven't been this bad for the world's biggest oil stock since Ronald Reagan became president. But brace yourself, 2019 may not be much...

Dallas News
Exxon Mobil partners with IBM on new quantum computing network  Chron

Exxon Mobil said Tuesday it is a founding partner with IBM on its new quantum computing network that they contend could lead to new breakthroughs in ...

Chron
Exxon Mobil: Buy Yourself This 5.0%-Yielder As A Christmas Present  Seeking Alpha

Exxon Mobil (XOM) is a "Strong Buy" for investors that want to secure a five percent dividend from one of the best, most profitable integrated energy companies ...

Seeking Alpha
Supreme Court Rejects ExxonMobil Appeal Of Massachusetts Court Ruling  CleanTechnica

January 8th, 2019 by Steve Hanley. The Attorneys General of New York and Massachusetts have filed suit against ExxonMobil, alleging it has repeatedly lied to ...

CleanTechnica
ExxonMobil Commences Haimara-1 Drilling Offshore Guyana  Zacks.com

ExxonMobil (XOM) expects the Stabroek Block to accommodate at least five FPSO vessels, with oil production capacity of more than 750000 barrels per day, ...

Zacks.com
"Together Baton Rouge" educates public on ExxonMobil ITEP request  www.brproud.com

Members with "Together Baton Rouge" say ExxonMobil's request to keep more than $50 million worth of property tax will hurt Baton Rouge.

www.brproud.com
ExxonMobil Ends Production From Sable Offshore Gas Project  Zacks.com

ExxonMobil (XOM) announces plans to carry on operations associated to decommissioning and plugging of wells in the offshore gas development through ...

Zacks.com
ExxonMobil seeks newbuild pair amid flurry of MR orders  TradeWinds

Hyundai Mipo Dockyard said to be the only yard in talks with US oil major for the two product carriers.

TradeWinds
What Should I Do With My Exxon Mobil Shares?  Seeking Alpha

Quantitative analysis of Exxon Mobil shares using the power of free cash flow. Analysis of Exxon Mobil from a Main Street vs. Wall Street perspective. Shows the.

Seeking Alpha
Exxon Mobil Stock Rode the Plunge in Oil Prices Down in 2018  Barron's

There are few names more synonymous with oil than Exxon Mobil (XOM). The value of both took a beating in 2018. With only four trading days left in the year, ...

Barron's
Exxon Mobil backs EPA limits on methane emissions  Chron

WASHINGTON — Exxon Mobil Corp. is pressing the Environmental Protection Agency to maintain key elements of the Obama administration policy restricting ...

Chron
Exxon Mobil Near 5% Yield And Low Valuation  Seeking Alpha

I recently initiated a position in Exxon, as the company's shares have hit a new low. While oil prices fall as we all have seen, they will usually return higher.

Seeking Alpha
Breaking News Video: Electrical fire at ExxonMobil in downtown Beaumont  KFDM-TV News

UPDATE from ExxonMobil's public information officer: "ExxonMobil responders have contained an electrical fire at the ExxonMobil Beaumont refinery. The fire ...

KFDM-TV News
Exxon Mobil (XOM) Stock Moves -1.54%: What You Should Know  Zacks.com

Exxon Mobil (XOM) closed the most recent trading day at $68.62, moving -1.54% from the previous trading session.

Zacks.com
ExxonMobil: Guyana works unaffected by ships' interception  UPI News

ExxonMobil said its drilling and development operations in Guyana were not affected by the Venezuelan interception of two exploration ships.

UPI News
ExxonMobil: Guyana drilling, development work continues  Oil & Gas Journal

Drilling and development offshore Guyana were unaffected by an incident involving seismic acquisition vessels on Dec. 22, ExxonMobil Corp. said Dec. 26.

Oil & Gas Journal
Mozambique's Area 4 partners secure buyers for Rovuma LNG project: ExxonMobil  S&P Global Platts

Oil major ExxonMobil says its project partners in Mozambique's Area 4 concession have secured LNG offtake commitments for the Rovuma LNG project, paving ...

S&P Global Platts
Metro Council agenda: ExxonMobil ITEP requests, opportunity zones  Greater Baton Rouge Business Report

Two Industrial Tax Exemption Program applications from ExxonMobil are among the items to be introduced at this afternoon's Metro Council meeting.

Greater Baton Rouge Business Report
Affaire ExxonMobil: Nicolas Maduro publishes his evidence  Voltaire Network

According to the US transnational ExxonMobil, on 22 December 2018 the Venezuelan navy expelled two ships that were carrying out (...) [Voltaire Network]

Voltaire Network
ExxonMobil (XOM) Nixes $25B LNG Export Project in Canada  Zacks.com

ExxonMobil (XOM) pulls out its $25-billion liquefied natural gas terminal in western Canada from the environmental assessment process after careful review.

Zacks.com
Exxon Mobil (XOM) Dips More Than Broader Markets: What You Should Know  Zacks.com

Exxon Mobil (XOM) closed at $68.17 in the latest trading session, marking a -1.12% move from the prior day.

Zacks.com
ExxonMobil, CNPC, Empresa, Kogas and Galp secure offtake commitments for the Rovuma LNG project  WorldOil

Area 4 co-venture participants have secured liquefied natural gas (LNG) offtake commitments from affiliated buyer entities of the partners, a key milestone ...

WorldOil
Littleton High earns $500 grant from ExxonMobil  Lowell Sun

LITTLETON -- Littleton High School has received a $500 grant from the ExxonMobil Educational Alliance program to support the school's Math and Science ...

Lowell Sun
Exxon Mobil (XOM) Share Price Declined While Bbr Partners Lowered Holding; Karpas Strategies Increased Its Liberty Global Ser C (LBTYK) Stake  The Moveefy

Karpas Strategies Llc increased its stake in Liberty Global Ser C (LBTYK) by 18.01% based on its latest 2018Q3 regulatory filing with the SEC. Karpas Strategies ...

The Moveefy
Global Plastic Additives Market Insights 2019-2025: BASF, Clariant, The Dow Chemical Company, Evonik Industries, ExxonMobil, LANXESS  Industry News Today

The global “Plastic Additives Market” report offers the analyzed data of the Plastic Additives market in categorized view. The Plastic Additives market offers a ...

Industry News Today
6 Where Do Analysts' Ratings for ExxonMobil Stand?  Market Realist

In this series, we've examined ExxonMobil's (XOM) fourth-quarter estimates, earnings outlook by segment, and stock performance. We've also reviewed its stock ...

Market Realist
Exxon Mobil (XOM) Holder Blue Edge Capital Boosted Its Holding; Cumberland Partners LTD Boosted Position in Starbucks (SBUX) as Market Valuation Rose  The Moveefy

Cumberland Partners Ltd increased its stake in Starbucks Corp (SBUX) by 28.98% based on its latest 2018Q3 regulatory filing with the SEC. Cumberland ...

The Moveefy
4 ExxonMobil's 50-Day Average Stands below Its 200-Day Average  Market Realist

Before we discuss ExxonMobil's (XOM) moving averages in January, let's look at its moving average trend in the fourth quarter. DMA ...

Market Realist
2 ExxonMobil's Q4 Outlook by Segment: A Pre-Earnings Review  Market Realist

Before we proceed with its fourth-quarter outlook by segment, let's have a look at ExxonMobil's (XOM) third-quarter performance. ExxonMobil's Upstream ...

Market Realist
Exxon Mobil (XOM) Shareholder Aspiriant Has Cut Its Stake as Valuation Declined; As Teva Pharmaceutical Inds LTD (Put) (TEVA) Valuation Declined, Mkp Capital Management Has Lowered Its Position by $1.89 Million  The Moveefy

Mkp Capital Management Llc decreased its stake in Teva Pharmaceutical Inds Ltd (Put) (TEVA) by 47.37% based on its latest 2018Q3 regulatory filing with the ...

The Moveefy
Exxon Mobil Corporation (NYSE:XOM)'s Enterprise Value Climbs to 355528585  Martin Business Telegraph

Exxon Mobil Corporation (NYSE:XOM) presently has an EV or Enterprise Value of 355528585. The EV helps show how the market assigns value to a company ...

Martin Business Telegraph
Wednesday’s Vital Data: Exxon Mobil, Bank of America and Disney  Investorplace.com

Options trading was buzzing in Exxon Mobil, Bank of America and Disney. Here are the metrics that matter moving forward.

Investorplace.com
Exxonmobil (XOM) Holder 1St Source Bank Decreased Its Stake by $455,260; As Unitedhealth Group (UNH) Stock Value Rose, Shareholder Veritas Asset Management Llp Lowered by $23.37 Million Its Stake  The Yomi Blog

1St Source Bank decreased its stake in Exxonmobil Corp (XOM) by 5.31% based on its latest 2018Q3 regulatory filing with the SEC. 1St Source Bank sold 5,356 ...

The Yomi Blog
7 Has Short Interest in ExxonMobil Risen ahead of Its Q4 2018 Earnings?  Market Realist

ExxonMobil's (XOM) short interest, which is expressed as a percentage of its outstanding shares, has risen from 0.67% on October 1, 2018, to its current level of ...

Market Realist
Clal Insurance Enterprises Holdings LTD Position in Magic Software Enterprises L Ord (MGIC) Boosted as Share Price Declined; As Exxon Mobil (XOM) Share Value Declined, Shareholder Kanawha Capital Management Decreased Holding by $323,595  The Moveefy

Kanawha Capital Management Llc decreased its stake in Exxon Mobil (XOM) by 2.44% based on its latest 2018Q3 regulatory filing with the SEC. Kanawha ...

The Moveefy
Mesa Adaptive Average of Exxon Mobil Corp (XOM) Holding Above Support Line  Martin Business Telegraph

Exxon Mobil Corp (XOM) are being closely watched by investors as the firm's Mesa Adaptive Moving Average (MAMA) has dipped below the Fractional.

Martin Business Telegraph
How Are the Margins Stacking up For Exxon Mobil Corporation (NYSE:XOM), Visa Inc. (NYSE:V)?  Martin Business Telegraph

Investors may be interested in viewing the Gross Margin score on shares of Exxon Mobil Corporation (NYSE:XOM). The name currently has a score of 39.00000.

Martin Business Telegraph
Berdych books place in Qatar ExxonMobil Open Final  beIN SPORTS MENA Breaking News

Tomáš Berdych to face Roberto Bautista Agut in the Qatar ExxonMobil Open Final after 7-6 6-3 win over Italian Marco Cecchinato. The victory means that ...

beIN SPORTS MENA Breaking News
Exxon Mobil (XOM) Position Held by Lvw Advisors Llc; Fagan Associates Cut Its Yum Brands (YUM) Position by $1.15 Million  The Yomi Blog

Fagan Associates Inc decreased its stake in Yum Brands Inc (YUM) by 34.54% based on its latest 2018Q3 regulatory filing with the SEC. Fagan Associates Inc ...

The Yomi Blog
As Exxon Mobil (XOM) Share Value Declined, American Investment Services Raised Its Holding; Sather Financial Group Increased Its Holding in Nxp Semiconductors NV (NXPI) by $9.25 Million as Shares Declined  The Hi New Ulm

Sather Financial Group Inc increased its stake in Nxp Semiconductors N V (NXPI) by 65.51% based on its latest 2018Q3 regulatory filing with the SEC. Sather ...

The Hi New Ulm
Cypress Capital Management Has Cut Exxon Mobil (XOM) Stake as Market Valuation Declined; Check Point Software Tech Lt (CHKP) Holder Bank Hapoalim Bm Decreased Holding  The Hi New Ulm

Cypress Capital Management Llc decreased its stake in Exxon Mobil Corporation (XOM) by 6.72% based on its latest 2018Q3 regulatory filing with the SEC.

The Hi New Ulm
Wawrinka eliminated at Qatar Exxonmobil Open  beIN SPORTS MENA Breaking News

Photo: Samer Rejjal Swiss star Stan Wawrinka has bowed out of the Qatar Exxonmobil Open at the Quarter-final stage losing to seventh ...

beIN SPORTS MENA Breaking News
Qatar ExxonMobil 2019 Open Draw Held  beIN SPORTS MENA Breaking News

World No. Novak Djokovic, a two time winner here, will start his season at the Qatar ExxonMobil Open with a match against Damir Dzumhur of Bosnia and ...

beIN SPORTS MENA Breaking News
QTF, ExxonMobil Qatar renew sponsorship agreement  beIN SPORTS MENA Breaking News

The title sponsor of the Qatar ExxonMobil Open this morning renewed its sponsorship agreement of the ATP 250 Tournament for another three years.

beIN SPORTS MENA Breaking News
Exxon Mobil (XOM) Stake Has Upped by American Investment Services Inc; Beneficial Bancorp (BNCL) Holder Prospector Partners Has Trimmed Stake as Shares Declined  The FinHeadLines

American Investment Services Inc increased its stake in Exxon Mobil Corp (XOM) by 7.46% based on its latest 2018Q3 regulatory filing with the SEC. American ...

The FinHeadLines
ExxonMobil Stock Sees the Second-Largest Loss among Peers  Market Realist

Among the six stocks we're looking at in this series, ExxonMobil (XOM) stock has lost the second most in the past month. Since November 23, Royal Dutch Shell ...

Market Realist
Exxon Mobil quarterly profits beat Wall Street's expectations  CNBC

Exxon Mobil reported quarterly profit and revenue that beat Wall Street's expectations, even as the oil major saw another drop in total oil and gas production.

CNBC
ExxonMobil Could Be In For A Naval Battle  Forbes

The logo for ExxonMobil appears above a trading post on the floor of the New York Stock Exchange. (AP Photo/Richard Drew, File)ASSOCIATED PRESS.

Forbes
New York Sues Exxon Mobil, Saying It Deceived Shareholders on Climate Change  The New York Times

New York's attorney general sued Exxon Mobil on Wednesday, claiming the company defrauded shareholders by downplaying the expected risks of climate ...

The New York Times
Exxon Mobil and Chevron will join global energy giants in climate initiative, reversing position  CNBC

Exxon Mobil, Chevron and Occidental Petroleum will join the 10-member Oil and Gas Climate Initiative, becoming the first U.S.-headquartered companies to join ...

CNBC
New York's Continuing Vendetta Against Exxon Mobil  Forbes

A foolish and expensive law suit should be brought to a quick end. On October 24, 2018, Barbara Underwood, the Attorney General of New York (NYAG) filed a ...

Forbes
Exxon Mobil disappoints Wall Street again as refinery issues weigh on quarterly profits  CNBC

Exxon Mobil reported second quarter earnings per share of 92 cents, adding another miss to a series of profit disappointments.

CNBC
ExxonMobil gives $1 million to promote a carbon tax-and-dividend plan  The Washington Post

ExxonMobil will give $1 million over two years to a group promoting a plan that would tax the carbon *content* of fuels, including the oil giant's products, and return ...

The Washington Post
ExxonMobil shelves Canada LNG export project  Reuters

LONDON (Reuters) - U.S. oil major Exxon Mobil Corp has withdrawn its WCC liquefied natural gas (LNG) export terminal in Canada from the environmental ...

Reuters
Exclusive: Exxon explores sale of U.S. Gulf of Mexico assets - sources  Reuters

Exxon Mobil Corp is exploring the sale of many of its U.S. Gulf of Mexico assets, as higher prices prompt the world's largest publicly traded oil company to review ...

Reuters
Exxon Mobil opposes weakening Obama-era emissions rules: letter to EPA  Reuters

Exxon Mobil Corp sent a letter to the U.S. Environmental Protection Agency in support of methane gas emission rules put in place under the Obama ...

Reuters
Exxon Mobil Is Hit With Its Most Important Climate Lawsuit Yet  Seeking Alpha

The three-year investigation into Exxon Mobil's climate change research by New York's attorney general concluded last week with a lawsuit alleging the ...

Seeking Alpha
Shareholders call on Exxon Mobil to set greenhouse gas reduction targets  CNBC

A number of institutional investors in Exxon Mobil have said they will file a shareholder resolution which calls on the world's largest oil company to set targets for ...

CNBC
ExxonMobil Commences Drilling Despite Turkey's Verbal Threats  Forbes

ExxonMobil continues its exploratory drilling offshore in Cyprus' Exclusive Economic Zone (EEZ) and — contrary to the Cypriot government's fears — no Turkish ...

Forbes
Exxon Mobil hikes Guyana reserve estimates 25% after new discovery  Houston Chronicle

Exxon Mobil and Hess Corp. said Monday they've increased their reserve estimates offshore of Guyana by 25 percent after making a 10th discovery in the ...

Houston Chronicle
With $1 Million, Exxon Mobil Corp Helps Fund Carbon Tax Campaign  NPR

Exxon Mobil pledges to support passage of a carbon tax. Analysts say the company would rather face a single, overarching tax than a patchwork of taxes and ...

NPR
Better Buy: ExxonMobil Corporation vs. Chevron Corporation  The Motley Fool

Exxon and Chevron are very similar U.S. oil giants, but is one a better pick than the other?

The Motley Fool
ExxonMobil: A $20 Billion Reason to Buy  The Motley Fool

Oil is a volatile commodity, prone to swift and material price swings. This is a fact of life for every company that operates in the oil patch. The best that a company ...

The Motley Fool
Chevron, Exxon Mobil Report as Crude Oil Slumps  Investopedia

Nymex crude oil futures set a 2018 high of $76.90 on Oct. 3, correlating well to the performance of Chevron Corporation (CVX) and Exxon Mobil Corporation ...

Investopedia
Renewable Energy Laggard ExxonMobil To Power Oil Exploration With Wind And Solar  Forbes

Oil major ExxonMobil will power its operations at a Texas oil field with electricity from wind and solar projects. The firm has faced criticism for its response to ...

Forbes
How Safe Is ExxonMobil and Its 4% Dividend Yield?  The Motley Fool

At around 4%, ExxonMobil Corporation's (NYSE:XOM) dividend yield is near a 25-year high. Investors clearly have some concerns about the integrated oil and ...

The Motley Fool
This Is Part of ExxonMobil's Plan, but It Doesn't Make Weak Earnings Results Any Less Frustrating  The Motley Fool

ExxonMobil's (NYSE:XOM) management is getting chastised by Wall Street on a pretty regular basis. The continued decline in oil and gas production when oil ...

The Motley Fool
Better Buy: ExxonMobil vs. BP  The Motley Fool

ExxonMobil and BP are two of the world's largest oil companies, but one has been performing much better lately.

The Motley Fool
Where Will ExxonMobil Be in 5 Years?  The Motley Fool

Earlier this year, ExxonMobil (NYSE:XOM) unveiled an aggressive long-term growth plan that would see it double earnings and cash flow by 2025 without any ...

The Motley Fool
ExxonMobil Makes 10th Discovery Off Guyana, Lifts Resource Estimate by Another Billion Barrels  Journal of Petroleum Technology

ExxonMobil's Pluma-1 well off Guyana encountered 37 m of high-quality hydrocarbon-bearing sandstone reservoir, marking the firm's 10th discovery in South ...

Journal of Petroleum Technology
Chevron, Exxon Mobil Weigh Bids for Endeavor Energy  Houston Chronicle

Chevron Corp. and Exxon Mobil Corp. are among the companies considering first-round bids this month for closely held oil producer Endeavor Energy ...

Houston Chronicle
Exclusive: Exxon Mobil secured U.S. hardship waiver from biofuels laws - sources  Reuters

The U.S. Environmental Protection Agency granted oil major Exxon Mobil Corp a financial hardship waiver this year temporarily freeing its Montana refinery from ...

Reuters
ExxonMobil Oil Reserves Trump Shell's But Its $305B Revenue Beats That Of U.S. Rival  Forbes

For ExxonMobil (NYSE:XOM) shareholders much of the current trading has felt decidedly lackluster. Upon the conclusion of the recent earnings season, most ...

Forbes
Forget ConocoPhillips, ExxonMobil Corporation Is a Better Dividend Stock  Motley Fool

The recent oil downturn is the perfect example of why Exxon is a better dividend stock than ConocoPhillips.

Motley Fool
ExxonMobil Receives Warning From Turkey Before Thanksgiving  Yahoo Sports

ExxonMobil (XOM) gets another warning from the Turkish government for its activities offshore Cyprus.

Yahoo Sports
 

ExxonMobil Videos

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First Time Offshore Oil Drilling in Pakistan | ExxonMobil | Kekra X-1 | Saipem 12000
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First Time Offshore Oil Drilling in Pakistan | ExxonMobil | Kekra X-1 | Saipem 12000
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Exxonmobil ships reached in Karachi for gas drilling
Go Inside One of the World’s Largest Oil Platforms
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Go Inside One of the World’s Largest Oil Platforms
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EL PASO DE LA ExxonMobil POR AMERICA LATINA.
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ExxonMobil Singapore refinery to expand
ExxonMobil Singapore refinery to expand
ExxonMobil Logo, ExxonMobil Symbol, Meaning, History and ...
ExxonMobil Logo, ExxonMobil Symbol, Meaning, History and ...
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Exxon Mobil's Bid To Fight AG Walker's Subpoena In Texas ...
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Exxon – Logos Download
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ExxonMobil gets a cold reception in Brussels
ExxonMobil gets a cold reception in Brussels
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Exxon Mobil Corporation, doing business as ExxonMobil, is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil Company, and was formed on November 30, 1999 by the merger of Exxon (formerly the Standard Oil Company of New Jersey) and Mobil (formerly the Standard Oil Company of New York). ExxonMobil's primary brands are Exxon, Mobil, Esso, and ExxonMobil Chemical.The world's 9th largest company by revenue, ExxonMobil from 1996 to 2017 varied from the first to sixth largest publicly traded company by market capitalization. The company was ranked ninth globally in the Forbes Global 2000 list in 2016. ExxonMobil was the second most profitable company in the Fortune 500 in 2014. As of 2018, the company ranked second in the Fortune 500 rankings of the largest United States corporations by total revenue.ExxonMobil is one of the largest of the world's Big Oil companies. As of 2007, it had daily production of 3.921 million BOE (barrels of oil equivalent); but significantly smaller than a number of national companies. In 2008, this was approximately 3 percent of world production, which is less than several of the largest state-owned petroleum companies. When ranked by oil and gas reserves, it is 14th in the world—with less than 1 percent of the total. ExxonMobil's reserves were 20 billion BOE at the end of 2016 and the 2007 rates of production were expected to last more than 14 years. With 37 oil refineries in 21 countries constituting a combined daily refining capacity of 6.3 million barrels (1,000,000 m3), ExxonMobil is the largest refiner in the world, a title that was also associated with Standard Oil since its incorporation in 1870.ExxonMobil has been criticized for its slow response to cleanup efforts after the 1989 Exxon Valdez oil spill in Alaska, widely considered to be one of the world's worst oil spills in terms of damage to the environment. ExxonMobil has a history of lobbying for climate change denial and against the scientific consensus that global warming is caused by the burning of fossil fuels. The company has also been the target of accusations of improperly dealing with human rights issues, influence on American foreign policy, and its impact on the future of nations.