Exxon Mobil Corp.

ExxonMobil is expanding its interests in biofuels that can help reduce greenhouse gas emissions in the transportation sector, acquiring a 49.9% stake in Biojet AS, a Norwegian biofuels company that plans to convert forestry and wood-based construction waste into lower-emissions biofuels and biofuel components. Biojet AS plans to develop up to five facilities to produce the biofuels and biofuel components. The company [...]

ExxonMobil today said it made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana. The Fangtooth-1 well encountered approximately 164 feet of high-quality oil-bearing sandstone reservoirs. The well was drilled in 6,030 feet of water and is located approximately 11 miles northwest of the Liza field. The Lau Lau-1 well encountered approximately 315 feet of high-quality hydrocarbon-bearing [...]

ExxonMobil and Scepter, Inc. have agreed to work together to deploy advanced satellite technology and proprietary data processing platforms to detect methane emissions at a global scale. The agreement has the potential to redefine methane detection and mitigation efforts and could contribute to broader satellite-based emission reduction efforts across a dozen industries, including energy, agriculture, manufacturing and [...]

Materia, Inc., a high-performance structural materials company that has pioneered the development of a Nobel Prize-winning technology for making a new class of polymers, today announced that it has been acquired by ExxonMobil Chemical Company, a division of ExxonMobil Corporation . This acquisition couples Materia's Nobel Prize-winning technology with ExxonMobil's complimentary proprietary processes and world-class [...]

ExxonMobil Chemical Company has acquired California-based Materia, Inc., a technology company that has pioneered the development of a Nobel prize-winning technology for manufacturing a new class of materials. The innovative materials can be used in a number of applications, including wind turbine blades, electric vehicle parts, sustainable construction, and anticorrosive coatings. ExxonMobil and Materia have been [...]

ExxonMobil said today it plans to achieve net zero greenhouse gas emissions from operated assets in the U.S. Permian Basin by 2030, accelerating and expanding its emission-reduction plans for unconventional operations in New Mexico and Texas. The plans are part of the corporate-wide effort to reduce Upstream greenhouse gas emissions intensity by 40-50% by 2030, compared to 2016 levels. This press release features [...]

ExxonMobil said today it has finalized corporate plans, which increase spending to $15 billion on greenhouse gas emission-reduction projects over the next six years while maintaining disciplined capital investments in its industry-leading portfolio. The plans support the corporate strategy of continued structural cost savings, investment in low-cost-of-supply and lower-emission products, and further portfolio [...]

ExxonMobil and Pertamina, the state-owned energy company for Indonesia, today signed a Memorandum of Understanding to evaluate the potential for large-scale deployment of low-carbon technologies in Indonesia. The MoU was signed near Glasgow, Scotland, where world leaders have gathered to discuss climate policies during COP 26. The companies have agreed to assess the potential for technologies such as carbon capture [...]

Exxon Mobil Corp. : Second Third Quarter Quarter First Nine Months 2021 2020 2021 2021 2020 Results Summary Earnings/ 6,750 4,690 14,170 Earnings/ Per Common Share Assuming Dilution 1.57 1.10 3.31 Identified Items Per Common Share Assuming Dilution 0.03 - Earnings/ Excluding Identified Items Per Common Share Assuming Dilution 1.58 1.10 3.33 Capital and Exploration Expenditures 3,851 4,133 3,803 10,787 16,603 [...]

The Board of Directors of Exxon Mobil Corp. today declared a cash dividend of $0.88 per share on the Common Stock, payable on December 10, 2021 to shareholders of record of Common Stock at the close of business on November 12, 2021. This fourth quarter dividend compares with $0.87 per share paid in the third quarter of 2021. Through its dividends, the corporation has shared its success with its shareholders for more than [...]