1 March 2017
Exxon Mobil Corporation is positioned to succeed in any price environment by maximizing the competitive advantages of its integrated businesses and by investing in projects that generate high-value products across the commodity cycle, Chairman and Chief Executive Officer Darren W. Woods said Wednesday.
22 February 2017
Exxon Mobil Corporation announced today proved reserves were 20 billion oil-equivalent barrels at year-end 2016, inclusive of a net reduction of 3.3 billion oil-equivalent barrels from 2015. Reserves changes in 2016 reflect new developments as well as revisions and extensions to existing fields resulting from...
21 February 2017
In association with its ongoing “Be an Engineer” initiative, ExxonMobil is inspiring girls to explore coursework and careers in engineering through its 14th annual Introduce a Girl to Engineering Day program. This year’s program will engage more than 1,000 middle-school girls across the country in a hands-on approach...
16 February 2017
ExxonMobil, working with the National Center for Supercomputing Applications (NCSA), has achieved a major breakthrough with proprietary software using more than four times the previous number of processors used on complex oil and gas reservoir simulation models to improve exploration and production results.
10 February 2017
ExxonMobil has awarded to Pason Systems, Inc. the first global license of its patented Drilling Advisory System™, a key component of the company’s Fast Drill™ technology suite. The licensing agreement accelerates the technology’s commercialization by combining Pason’s expertise in drilling data and ExxonMobil’s...
31 January, 2016
Exxon Mobil Corporation today announced estimated 2016 earnings of $7.8 billion, or $1.88 per diluted share. An asset recoverability review was completed in the fourth quarter and resulted in a U.S. Upstream asset impairment charge of about $2 billion mainly related to dry gas operations with undeveloped acreage in...
25 January, 2016
Exxon Mobil Corporation announced today the election of Dr. Susan K. Avery to its board of directors, effective February 1, 2017. Avery, an atmospheric scientist, is the former president and director of the Woods Hole Oceanographic Institution.
25 January, 2016
The Board of Directors of Exxon Mobil Corporation today declared a cash dividend of $0.75 per share on the Common Stock, payable on March 10, 2017 to shareholders of record of Common Stock at the close of business on February 10, 2017.
18 January, 2016
Synthetic Genomics, Inc. and ExxonMobil announced today that they have extended their agreement to conduct joint research into advanced algae biofuels after making significant progress in understanding algae genetics, growth characteristics and increasing oil production.
5 January, 2016
ExxonMobil announced today its development of cMISTTM technology, which dehydrates natural gas using a patented absorption system inside pipes and replaces the need for conventional dehydration tower technology. This “in-line” technology could be deployed at both land-based and offshore natural gas...
16 December, 2016
Global population growth of nearly 2 billion, a doubling of worldwide economic output and rapid expansion of the middle class in emerging economies are all expected to contribute to energy demand growth of about 25 percent from 2015 to 2040, according to ExxonMobil’s 2017 Outlook for Energy: A View to 2040.
14 December, 2016
Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation, has announced his intention to retire at year-end after more than 41 years of service.
2 December, 2016
Tom Walters, president, ExxonMobil Production Company, has announced his intention to retire after more than 38 years of service.
1 December, 2016
ExxonMobil announced today that it will become the Red Bull Racing Formula 1™ team’s official fuel, lubricant and motor oil partner in 2017. Under the agreement, ExxonMobil will supply Red Bull Racing with leading-edge Mobil 1™ lubricants and Synergy™ race fuels and provide engineering support to develop...
28 October, 2016
Exxon Mobil Corporation today announced estimated third quarter 2016 earnings of $2.7 billion, or $0.63 per diluted share, compared with $4.2 billion a year earlier. Results reflect lower refining margins and commodity prices.
27 October, 2016
FuelCell Energy, Inc. and ExxonMobil announced today the selection of a location to test novel fuel cell carbon capture technology under development by the companies.
26 October, 2016
The Board of Directors of Exxon Mobil Corporation today declared a cash dividend of 75 cents per share on the Common Stock, payable on December 9, 2016 to shareholders of record of Common Stock at the close of business on November 10, 2016.
30 September, 2016
Jack Balagia, vice president and general counsel, Exxon Mobil Corporation, has announced his intention to retire effective Nov. 1, 2016, after more than 18 years of service.
13 September, 2016
ExxonMobil and Princeton University today announced the selection of five research projects associated with their partnership focused on energy technologies. The projects will center on solar and battery technologies, plasma physics, Arctic sea-ice modeling, and the impact of carbon dioxide absorption on the world’s...
18 August, 2016
Scientists from ExxonMobil and the Georgia Institute of Technology have developed a potentially revolutionary new technology that could significantly reduce the amount of energy and emissions associated with manufacturing plastics. Results of the research were published today in the peer-reviewed journal Science.
2 August, 2016
ExxonMobil announced today that it will invest $15 million as a leadership member of the University of Texas at Austin Energy Institute to pursue technologies to help meet growing energy demand while reducing environmental impacts and the risk of climate change.
29 July, 2016
Exxon Mobil Corporation announced estimated second quarter 2016 earnings of $1.7 billion, or $0.41 per diluted share, compared with $4.2 billion a year earlier. The results reflect sharply lower commodity prices, weaker refining margins and continued strength in the Chemical segment.
27 July, 2016
The Board of Directors of Exxon Mobil Corporation today declared a cash dividend of 75 cents per share on the Common Stock, payable on September 9, 2016 to shareholders of record of Common Stock at the close of business on August 12, 2016.
30 June, 2016
Alan Kelly, president of ExxonMobil Fuels, Lubricants & Specialties Marketing Company, has announced his intention to retire effective Aug. 1, 2016, after more than 34 years of service.
15 June, 2016
ExxonMobil and government leaders gathered in Rotterdam todayto break ground on the construction of a new hydrocracker. The unit will upgrade heavierhydrocarbon byproducts into cleaner, higher value finished products such as EHCTM Group II basestocks and ultra-low sulfur diesel.
25 May, 2016
JA Europe and ExxonMobil have been working together to inspire young peopleto pursue STEM-related studies and careers through the Sci-Tech Challenge initiative. By encouragingEuropean youth to consider careers in STEM, the Sci-Tech Challenge helps equip a skilled workforce,ready to drive innovation and growth in Europe.
25 May, 2016
Exxon Mobil Corporation announced today that its shareholders elected Angela Braly to its board of directors. Braly is the former chairman, president and chief executive officer of health insurance company WellPoint, now known as Anthem.
5 May, 2016
Exxon Mobil Corporation and FuelCell Energy, Inc. today announced an agreement to pursue novel technology in power plant carbon dioxide capture through a new application of carbonate fuel cells, which could substantially reduce costs and lead to a more economical pathway toward large-scale application globally.
29 April, 2016
Exxon Mobil Corporation today announced estimated first quarter 2016 earnings of $1.8 billion, or $0.43 per diluted share, compared with $4.9 billion a year earlier. The impacts of sharply lower commodity prices and weaker refining margins were partly offset by strong Chemical results.
27 April, 2016
The Board of Directors of Exxon Mobil Corporation today declared a cash dividend of 75 cents per share on the Common Stock, payable on June 10, 2016 to shareholders of record of Common Stock at the close of business on May 13, 2016.
15 March, 2016
Students from 10 Eurasian countries (Belgium, France, Italy,Kazakhstan, the Netherlands, Norway, Poland, Romania, Russia and the UK) participated in theonline competition jointly organised by JA Europe and ExxonMobil.
2 March, 2016
Exxon Mobil Corporation is achieving industry-leading financial performance throughout the commodity price cycle by maintaining a focus on the fundamentals, selectively investing in the business and paying a reliable and growing dividend, Rex W. Tillerson, chairman and chief executive officer, said today.
19 February, 2016
Exxon Mobil Corporation said today it added 1 billion oil-equivalent barrels of proved oil and gas reserves in 2015, replacing 67 percent of production, including a 219 percent replacement ratio for crude oil and other liquids.
2 February, 2016
Exxon Mobil Corporation today announced estimated 2015 earnings of $16.2 billion compared with $32.5 billion a year earlier. Higher Downstream and Chemical earnings were offset by sharply lower commodity prices in the Upstream.
27 January, 2016
The Board of Directors of Exxon Mobil Corporation today declared a cash dividend of 73 cents per share on the Common Stock, payable on March 10, 2016 to shareholders of record of Common Stock at the close of business on February 11, 2016.
25 January, 2016
Global energy demand will increase 25 percent between 2014 and 2040, driven by population growth and economic expansion, ExxonMobil said today in the 2016 edition of The Outlook for Energy. At the same time, energy efficiency gains and increased use of renewable energy sources and lower carbon fuels, such as natural...